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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Autor principal:	Fernando De la Cruz Prego
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Human capital Industrial policy Education policy Bolivia Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/afb6276a7c924150abe2a4ad435b428b
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spelling	oai:doaj.org-article:afb6276a7c924150abe2a4ad435b428b2021-12-02T05:04:46ZHuman capital and industrialization in Bolivia2667-319310.1016/j.jge.2021.100017https://doaj.org/article/afb6276a7c924150abe2a4ad435b428b2021-01-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2667319321000173https://doaj.org/toc/2667-3193There 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.Fernando De la Cruz PregoElsevierarticleHuman capitalIndustrial policyEducation policyBoliviaEconomics as a scienceHB71-74ENJournal of Government and Economics, Vol 3, Iss , Pp 100017- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Human capital Industrial policy Education policy Bolivia Economics as a science HB71-74
spellingShingle	Human capital Industrial policy Education policy Bolivia Economics as a science HB71-74 Fernando De la Cruz Prego Human capital and industrialization in Bolivia
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.
format	article
author	Fernando De la Cruz Prego
author_facet	Fernando De la Cruz Prego
author_sort	Fernando De la Cruz Prego
title	Human capital and industrialization in Bolivia
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
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/afb6276a7c924150abe2a4ad435b428b
work_keys_str_mv	AT fernandodelacruzprego humancapitalandindustrializationinbolivia
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Human capital and industrialization in Bolivia

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