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Module 7 Chapter 6 Human Capital Education and Health in Economic Development v.2

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Kingfisher

School of Business and Finance

Chapter 6: Human Capital:


Education and Health in Economic
Development
Module 7

DARYL EJEIL F. SINLAO


darylejeilsinlao@kingfisher.edu.ph
Learning Objectives

TO EXPLAIN THE TO INVESTIGATE TO ANALYZE THE TO EVALUATE


ROLES OF THE IMPACTS OF IMPACTS OF CHILD THE POLICIES OF
EDUCATION AND EDUCATION AND LABOR AND EDUCATION AND
HEALTH IN HEALTH TO HUMAN GENDER HEALTH SYSTEM
CAPITAL DISCRIMINATION
DEVELOPMENT IN EDUCATION IN THE
AND HEALTH COUNTRY’S
DEVELOPMENT
©DarylEjeilSinlao
Metanoia: Changing Perspectives

EDUCATION HEALTH

©DarylEjeilSinlao
Educational Change: The Goal in Mind

FUNCTIONAL
LITERACY
LITERACY to

LIFE SKILLS

©DarylEjeilSinlao
HUMAN CAPITAL

Productive investments embodied in human persons often


resulting from expenditures on education, on-the-job training
progress, & medical care

Human Capital Approach


in Health & Education = in Productivity
©DarylEjeilSinlao
CHILD LABOR
When children under age 15 work, their labor time
disrupts their schooling and, in a majority of cases,
prevents them from attending school altogether
International Labour Organization (ILO)
A child labourer is
1. Under the minimum working age
2. Above that age (through age 17) and engaged in
work that poses a threat to their health, safety, or
morals or are subject to conditions of forced
labor

©DarylEjeilSinlao
Is Banning Child Labor Really the Solution?

Approaches:
1. World Bank Approach
→Child labor is an expression of poverty
2. Government Approach
→Strategies to get more children into schools:
* Mobile teaching & Alternative Delivery Modes
* CCT (Conditional Cash Transfer)
©DarylEjeilSinlao
Is Banning Child Labor Really the Solution?
Approaches:
3. UNICEF Approach
→Child labor is inevitable. Regulations and strict laws on child work:
* Not more than 8 hours a day and in no case beyond forty hours a week
* Workplace schooling
* Laws on Child labour trafficking
4. ILO Approach
→Favor banning child labor

©DarylEjeilSinlao
THE GENDER GAP: Discrimination in
Education and Health

©DarylEjeilSinlao
THE GENDER GAP: Discrimination in
Education and Health

©DarylEjeilSinlao
THE GENDER GAP: Discrimination in
Education and Health

©DarylEjeilSinlao
Political Economy of Educational Supply and
Demand

For the Individual

Private Benefits Private Costs

For the Society

Social Benefits Social Costs


©DarylEjeilSinlao
Variables Affecting The Amount of Schooling
Demanded
A. Wage/ Income Differential
B. Probability of Success in Finding
Modern-Sector Employment
C. Private Costs of Education
D. Indirect or Opportunity Cost of
Education
©DarylEjeilSinlao
Educational Certification

The phenomenon
by which particular
jobs require
specified level of
educations

©DarylEjeilSinlao
Educational Programs in the Philippines:
Solving the Gap
A. Mobile Teaching Program (MTP)
B. Massive Open Online Courses (MOOC)
C. Alternative Learning System (ALS) – RA 11510
D. Universal Access to Quality Tertiary Education Act –
RA10931
E. Alternative Delivery Modes (ADM)
©DarylEjeilSinlao
Educational Programs in the Philippines:
Solving the Gap
RA 10931
Universal Access to Quality Tertiary Education Act

©DarylEjeilSinlao
Educational Programs in the Philippines:
Solving the Gap
Alternative Delivery Modes
1. Modular Distance Learning
2. Online Distance Learning
3. Home Schooling
4. Blended Learning
©DarylEjeilSinlao
Educational Programs in the Philippines:
Solving the Gap
Alternative Delivery Modes
5. Modified In-School/ Off-School
Approach (MISOSA)
6. Instructional Management by Parents,
Community & Teachers (IMPACT)
7. Open High School Program
©DarylEjeilSinlao
Burning Question

©DarylEjeilSinlao
Health Measurement and Disease Burden
World Health Organization (WHO)
→ the key UN agency concerned with the global health matters
Top 5 Problems Affecting Health in Developing and Underdeveloped Countries:
➢ Absolute Poverty
➢ Malnutrition
➢ HIV/ AIDS
➢ Tuberculosis
➢ Malaria & Dengue & other neglected tropical diseases
©DarylEjeilSinlao
Turning Point
Graph 1
The Countries With The
Most COVID-19 Cases
(February, 2021)

Source: Statista.com

©DarylEjeilSinlao
Turning Point

Graph 2
The Best and Worst Rated
National COVID 19
Responses (June 2020)

Source: Statista.com

©DarylEjeilSinlao
Turning Point

Graph 3
Where Government
COVID-19 Responses Get
Public Approval (Jun-Aug,
2020)

Source: Statista.com

©DarylEjeilSinlao
Turning Point

Graph 4
Which Growth Regions in
Asia Will Suffer GDP
Losses? (Sept 2020)

Source: Statista.com

©DarylEjeilSinlao
Turning Point
Graph 6
Expected GDP growth for
developed economies in
2020 (Apr 2020)

Source: Statista.com

©DarylEjeilSinlao
Turning Point
Graph 5
2020 Q4 GDP Growth

Source: Statista.com
©DarylEjeilSinlao
Turning Point
Graph 7
The Last Coronavirus-Free
Countries on Earth (Nov 2020)

Source: Statista.com

©DarylEjeilSinlao
Turning Point
Graph 8
Which Covid-19 Vaccines
Are Most Widely Used?

Source: Statista.com

©DarylEjeilSinlao
Turning Point

Graph 9
The Countries With The
Highest Rate of Covid-19
Vaccination

Source: Statista.com
©DarylEjeilSinlao
The Burning Question

©DarylEjeilSinlao
https://asialink.unimelb.edu.au/insights/has-covid-19-made-the-philippines-the-sick-man-of-asia-once-more
Agencies and Health Program
• Department of Health (DOH)
- provides national policy direction and develops national
plans, technical standards and guidelines on health
• Philippine Health Insurance Corp. (PhilHealth)
- administers the National Health Insurance Program (RA
7875)
• Universal Health Care Law – RA 11223
• Cheaper Medicines Act – RA 9502
©DarylEjeilSinlao
Good Education and
Health should be a package.
©DarylEjeilSinlao Have them. Earn them.
Kingfisher
School of Business and Finance

Chapter 6: Human Capital:


Education and Health in Economic
Development
Module 7

DARYL EJEIL F. SINLAO


darylejeilsinlao@kingfisher.edu.ph

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