What do you think is the main factor that affects a country's economy positively today?
A country that invests massively in human capital development will definitely see the reward in their economy, as productivity will generally be on the rise. With developed infrastructure and people whose mental development does not match those infrastructures, the economy will not progress because productivity will not be at its maximum.
Human capital development is the most important to me.
Agree. This is what makes my country's economy keep going because of it. We all know that human capital can be domestic and abroad so yeah really has huge impact. But here in my country mostly skilled and professionals prefer to work abroad to maximize and took advantage of other country's technology, salary rate and the level of experience.
Perhaps my words will be perceived as cynicism, but.... people are. no offense, just a resource. And what I agree with is that a highly educated and developed population is a better resource than a population that is degraded, uneducated, and primitive.
A developed population means the development of technology, it means higher production efficiency, it means the formation of higher added value, it means a wealthier population, it means a better consumption community - all this creates a living, developing economy.
And as you understand - a poor, poorly educated, manipulated, for example, by religious fanatics, society cannot be effective, because of its backwardness, global, comprehensive backwardness and degradation.