A Japanese academician has urged government in developing countries to increase investment in human capital because this helps to improve their economies and benefit their citizens.
Professor Neantro Saaveda-Rivano of the University of Tsukuba in Japan said human capital is the most important component of the wealth creation in many nations.
Professor Rivano pointed out that investing in human capital was an essential element of development policies everywhere in the world.
He said this in Lusaka today during a lecture presentation on development and financing of human capital at Taj Pamodzi Hotel.
Professor Saaveda explained that investment in human capital early was significantly cost effective than at later stage in economic development.
He added that developed nations in the world have used human capital for their economic, social, culture and political development.
And Ministry of Information and Broadcasting services Permanent Secretary Ngosa Chisupa said time has come for African countries to invest in human intelligence to enhance economic development.
Mr. Chisupa said although African counties have been globally recognized for their wealth in mineral resources, they have lagged behind in development because of lack of investment in human capital.
ZANIS
The Jap Prof is 100% right. Human capital is the most important component of the wealth creation.
Na iwewine # 1 walasa
🙂 the same song I have been singing to people that do not understand complex lyrics. The only realization the Japanese scholar should know is that African leaders fear black entreprenuers, we are seen as threats because someAfricans needlessly worship a person with a fat bank account. If japan had the land we had they would work wonders not due to them being smarter because African students are the smartest in the US; no because the strive to innovate invent and create. Have to go repent of my sins now brethren later.
it may be true in africa but for the case of Zambia human rresouse is the only thing we have. face it, we have more highly educated zambians outside than in zambia itself. our lagest export is nolonger copper but brains man(if u hav traveled u know what i am talking about). more is required or educated zambians wil be doing what they know best – leave the country for better places.
This is a lesson you Zambians can never understand – you think “copper” is everything!
I am 100% sure that the Permanent Secretary’s “Mr. Chisupa said although African counties have been globally recognized for their wealth in mineral resources, they have lagged behind in development because of lack of investment in human capital” is misplaced because Zambia has enough human resource/capital but the 18 yr old MMD GRZ has failed to utilise the many Zambia graduates from colleges and univerisities because of MMD’s failure to recognise that Zambians, especially balck Zambians, can do the jobs that a Chinese or Indian or any other does even at a better level.
The moment Zambians will put a leadership that is not intimidated by whites from outside the country that will be the time Zambia shall begin to develop.
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Matt 6:33 But seek ye first the kingdom of God…
Let me just clarify to my fellow bloggers that the professor mentioned above is not a Japanese but just a scholar employed at a Japanese university were Mr. Chisupa also studied a few years ago. He is actually a South American of Asian descent. So I guess he is basing it more on experience, having lived his life in Peru, a developing nation like ours. So #1 take note of that. He is not talking from a Japanese point of view.:-b