Impact of Environment on Human Capital in High- and Low-Income Countries

Impact of Environment on Human Capital in High- and Low-income Countries
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Impact of the Environment on Health and Human Capital in High- and Low-Income Countries
Introduction
In economics, the environment refers to the external factors that influence the purchase behaviors of consumers and businesses and therefore impact the performance of an organization or nation. The environmental factors are usually beyond the company's control, but some measures can be implemented to enhance the outcomes. Health refers to the conditions that influence the efficiency, values, behavior, and effectiveness of humans in the economy, including the consumption and production of resources. Finally, human capital refers to the economic values of the worker's experience and skills. There are diverse metrics that can be used to determine the impact of the environment on health and human capital. The metrics are usually designed to evaluate the impact of activities within the environment and how they contribute to positive or negative outcomes on the health or wellbeing of individuals.
These components include health, training, intelligence, skills, education, and other aspects valued by employers. The environment has numerous impacts on the health outcomes of people as well as human capital. Notably, water pollution, air pollution, and contamination of soils are causing numerous health hazards in both developing and developed nations. The emission of greenhouse gases increases at an unprecedented rate, which has severe health challenges worldwide. These impacts direct numerous environmental changes that lead to poor health outcomes and negatively affect human capital. There are diverse metrics used to determine human capital productivity and satisfaction, such as employee satisfaction index, engagement rating, and employee health safety (PennState.Edu, n.d.). Concerning health, the significant issues considered include mortality rates and illness incidence rates among workers. These are essential components to understand how the environment impacts health and human capital in high-income and low-income countries. Some standards have been established to prevent environmental degradation and ensure positive outcomes for the environment. High-income countries have a greater tendency to comply with environmental standards. However, its positive effects on human capital and health are more likely attributable to economic resources than environmental policies.
Research Methodology: Systematic Literature Review
In order to understand the compare and contrast the impact of the environment on health and human capital in high- and low-income countries, a systematic literature review will be undertaken. Systematic literature review entails identifying and critical analysis of previous studies to respond to a formulated research question. The criterion is usually conducted following a specific procedure to give the best outcomes in the research process. Notably, the process is comprehensive and transparent, where research is undertaken in different studies and databases. Therefore, the researcher should outline a clear search strategy that focuses on the res...