Factors Affecting Human Capital Efforts in Developing Economies: A Case Study on Cuba

Cuba faces considerable domestic and global challenges as they strive to compete in the global marketplace and increase their population’s quality of life. Cuba has invested in human capital development activities (i.e. universal access to education and guaranteed healthcare, food rations and housing) which are unique to the region. While these efforts have made an impact, research reveals a more holistic human capital development strategy is needed to maximize internal and external resources. Therefore, the researcher will use the outcome-based Model for Effective Human Capital Development in Developing Economies (Muger, 2017) as a means to examine the domestic factors impacting Cuba’s human capital development efforts. The domestic factor from Muger’s (2017) model will be used to discuss how workforce planning, talent and resource management, governance, and marketplace opportunities have impacted Cuba’s development strategy. The researcher argues the Cuban population would greatly benefit if the Cuban state instituted a truer participative governance model, gradually increased marketplace opportunities for small and medium private enterprises, incentivized the educated and talented workforce to stay or return to Cuba, and encouraged private enterprises in domestic production through tax reductions and other forms of incentives. The paper concludes with a discussion of future research areas.



Author Information
Greg Muger, Pepperdine University, United States

Paper Information
Conference: IICEHawaii2018
Stream: Education, Sustainability & Society: Social Justice, Development & Political Movements

This paper is part of the IICEHawaii2018 Conference Proceedings (View)
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