The Encyclopedia of Human Resources (III)

The debate regarding "human resources" versus human capital thus in many ways echoes the debate regarding natural resources versus natural capital. Over time the United Nations have come to more generally support the developing nations' point of view, and have requested significant offsetting "foreign aid" contributions so that a developing nation losing human capital does not lose the capacity to continue to train new people in trades, professions, and the arts.

An extreme version of this view is that the historical inequities such as African slavery must be compensated by current developed nations, which benefited from stolen "human resources" as they were developing. This is an extremely controversial view, but it echoes the general theme of converting human capital to "human resources" and thus greatly diminishing its value to the host society, i.e. "Africa", as it is put to narrow imitative use as "labor" in the using society.

Human Resources of a business are its employees, Organizations look after all their staff on the basis that if they are all well trained and committed to the aims of the business, the organisation is more likely to be successful. In a series of reports of the UN Secretary-General to the General Assembly [e.g. A/56/162 (2001)], a broad inter-sectoral approach to developing human resourcefulness [see United Nations Expert Meeting on Human Resources Development. Changing Perspectives on Human Resources Development. ST/TCD/SER.E/25. June 1994] has been outlined as a priority for socio-economic development and particularly anti-poverty strategies. This calls for strategic and integrated public policies, for example in education, health, and employment sectors that promote occupational skills, knowledge and performance enhancement (Lawrence, J.E.S.).

Source: Wikipedia, The Free Encyclopedia

Related Post(s):
1. The Encyclopedia of Human Resources (I)
2. The Encyclopedia of Human Resources (II)
3. The Encyclopedia of Human Resources (III)
4. The Encyclopedia of Human Resources (IV)
5. The Encyclopedia of Human Resources (V)
6. The Encyclopedia of Human Resources (VI)
7. The Encyclopedia of Human Resources (VII)
8. The Encyclopedia of Human Resources (VIII)