Studies of economic development have shown many factors, all of which their effect on the quality and intensity of human effort, play an important part in determining the extent and pace at which natural resources get translated into the annual flows of goods and services that constitute the national income.
Thus, institutions, legislation, traditions, education organization, motivation, communication, all these have become the subject of attention and analysis to the economists who are interested in unraveling the mysteries of economic growth and formulation programmes for accelerating the economic development of less developed countries. The human factor in economic growth has, thus, become a major subject of study in economics of development. This book discusses necessary methodological refinements, that is, specific improvements of analytical models and statistical methods for human resource development.

