Human capital and industrialization in Bolivia

There is wide academic consensus on institutional design being the key inhibitor of the Bolivian industrialization process during Evo Morales´s time in office. However, the effects of investment in human capital in the industrialization process has not been explored to the same degree. This is surpr...

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Detalles Bibliográficos
Autor: De La-Cruz Prego, Fernando
Tipo de recurso: artículo
Fecha de publicación:2021
País:España
Institución:Universidad Complutense de Madrid (UCM)
Repositorio:Docta Complutense
Idioma:inglés
OAI Identifier:oai:docta.ucm.es:20.500.14352/130440
Acceso en línea:https://hdl.handle.net/20.500.14352/130440
Access Level:acceso abierto
Palabra clave:338.45(84)
Human capital
Industrial policy
Education policy
Bolivia
Derecho económico
5309 Organización Industrial y Políticas Gubernamentales
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spelling Human capital and industrialization in BoliviaDe La-Cruz Prego, Fernando338.45(84)Human capitalIndustrial policyEducation policyBoliviaDerecho económico5309 Organización Industrial y Políticas GubernamentalesThere is wide academic consensus on institutional design being the key inhibitor of the Bolivian industrialization process during Evo Morales´s time in office. However, the effects of investment in human capital in the industrialization process has not been explored to the same degree. This is surprising since the country exhibited an outstanding performance in the improvement of human capital during this period. To explain this, we propose a new metric of human capital (industrial human capital) that sheds light on the failure of human capital to assist the Bolivian industrial effort. The results show that Bolivia made significant progress in promoting “generic human capital”, as in the case of other Latin-American and OECD countries, but its performance was radically different in terms of “industrial human capital”, with its main indicators stagnant or in decline. Instead of trying to reinterpret the explanation of Bolivia's industrial policy failure, we suggest that this inability to deploy successful industrial human capital was part and parcel of industrial institutional design failures.ElsevierUniversidad Complutense de Madrid20212021-11-0820212021-11-08journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/130440reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/1304402026-06-02T12:44:21Z
dc.title.none.fl_str_mv Human capital and industrialization in Bolivia
title Human capital and industrialization in Bolivia
spellingShingle Human capital and industrialization in Bolivia
De La-Cruz Prego, Fernando
338.45(84)
Human capital
Industrial policy
Education policy
Bolivia
Derecho económico
5309 Organización Industrial y Políticas Gubernamentales
title_short Human capital and industrialization in Bolivia
title_full Human capital and industrialization in Bolivia
title_fullStr Human capital and industrialization in Bolivia
title_full_unstemmed Human capital and industrialization in Bolivia
title_sort Human capital and industrialization in Bolivia
dc.creator.none.fl_str_mv De La-Cruz Prego, Fernando
author De La-Cruz Prego, Fernando
author_facet De La-Cruz Prego, Fernando
author_role author
dc.contributor.none.fl_str_mv Universidad Complutense de Madrid
dc.subject.none.fl_str_mv 338.45(84)
Human capital
Industrial policy
Education policy
Bolivia
Derecho económico
5309 Organización Industrial y Políticas Gubernamentales
topic 338.45(84)
Human capital
Industrial policy
Education policy
Bolivia
Derecho económico
5309 Organización Industrial y Políticas Gubernamentales
description There is wide academic consensus on institutional design being the key inhibitor of the Bolivian industrialization process during Evo Morales´s time in office. However, the effects of investment in human capital in the industrialization process has not been explored to the same degree. This is surprising since the country exhibited an outstanding performance in the improvement of human capital during this period. To explain this, we propose a new metric of human capital (industrial human capital) that sheds light on the failure of human capital to assist the Bolivian industrial effort. The results show that Bolivia made significant progress in promoting “generic human capital”, as in the case of other Latin-American and OECD countries, but its performance was radically different in terms of “industrial human capital”, with its main indicators stagnant or in decline. Instead of trying to reinterpret the explanation of Bolivia's industrial policy failure, we suggest that this inability to deploy successful industrial human capital was part and parcel of industrial institutional design failures.
publishDate 2021
dc.date.none.fl_str_mv 2021
2021-11-08
2021
2021-11-08
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
VoR
http://purl.org/coar/version/c_970fb48d4fbd8a85
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv https://hdl.handle.net/20.500.14352/130440
url https://hdl.handle.net/20.500.14352/130440
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Elsevier
publisher.none.fl_str_mv Elsevier
dc.source.none.fl_str_mv reponame:Docta Complutense
instname:Universidad Complutense de Madrid (UCM)
instname_str Universidad Complutense de Madrid (UCM)
reponame_str Docta Complutense
collection Docta Complutense
repository.name.fl_str_mv
repository.mail.fl_str_mv
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