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The well-being of nations: The role of human and social capital

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Organisation for Economic Co-operation and Development [OECD]
Publication Date: 
1 May 2001

Full report vailable in print for order (see SOURCE).

This report helps clarify the concepts of human and social capital and evaluates their impact on economic growth and well-being. Although the evidence on social capital is less developed…the report draws on a number of empirical studies which suggest potentially important linkages between human and social capital. The evidence suggests that human and social capital can be of key importance in contributing to a wide range of positive outcomes, including higher income, life satisfaction and social cohesion. (Excerpt from online summary.)

The report recognizes the importance of early childhood care and education as key to supporting social and human capital. It suggests the expansion of quality early childhood care as an important policy direction. (See page 5 of executive summary.)