Human Capital Investment through Education and Training: an Overview

We present in this paper the real importance and very contemporary human capital investment. Through a quantitative analysis, we present the level of human capital accumulation that countries are able to achieve. We also examine the significant part occupied by educational expenditure in the state budget of the some countries. The objective would be to estimate the value of human capital and emphasize how human capital influences various areas of everyday life of individuals. This implies that this notion is now at the heart of public policies in different countries. Public choices are directed in particular towards improving the education and training of people throughout the life cycle. Similarly, in the perspective of enlargement of human capital to a broader concept of intangible capital, we will try to see if there is a complementary relationship between human capital and cultural capital.