Human capital and economic development: an analysis for the Mediterranean countries

This article underlines the existence of a considerable correlation between the indicators that represent “human capital” and the per capita income of the countries bordering the Mediterranean. This result suggests that the policy to be followed in order to improve the per capita income of the more disadvantaged countries, will have to be turned to the strengthening of the “human capital” factor, not only by a relevant investment in education, but also by supplying all those goods and social and health services required in order to have social development supporting economic progress.