Introduction. Analysis of income inequality is a general and constant concern of both the public and researchers and politicians. This subject, though, and has been widely debated, never becomes obsolete and does not lose its importance or valence mobilizing the more as he becomes more present with the onset of the recent economic crisis. This interest framework, on the one hand and the difficult context generated by the economic crisis, on the other hand, bring forward decisions and policy choices implemented or required to restore economic balance and well-being of citizens. Causes (factors of influence) of income inequality differ from country to country, there is dispute among economists on the preponderance of cases compared to the others.
Aim of the study. In this paper I will analyze two of these factors: education and socioeconomic status of their parents.
Keywords: education, level of education, skills, abilities, opportunities, social mobility.
Introduction. In the last decades, once with structural changes in production, organizations, technology and social environment a radical change in the economy has been underlined that substitutes the traditional economy based on industry-led services characterized by innovation and knowledge creation. At the same time, emerging economies have managed to win the battle with the world’s major competitors, even overtaking several of them. A representative example is the two countries: China and Japan, that in present are the top three economies in the world.
The human capital and – particularly the investment in education – determine the ability of individuals to earn as well as his perspectives of employment. Since most of the knowledge and skills are acquired in school, through the educational process, education has been recognized as the decisive part in the accumulation and development of the human capital and therefore in the economic development of a country.
Aim of the study. The aim of this paper is to highlight the characteristics of human capital in China and Japan (in terms of investment) and its benefits.
Keywords: human capital, education, competitiveness, investment, skills
JEL Classification: J24, O15