THE ROLE OF HUMAN CAPITAL IN MULTIDIMENSIONAL POVERTY STATUS IN THE RED RIVER DELTA REGION

Abstract

    Multidimensional poverty is a situation in which individuals are unable to meet the minimum basic needs of their life. Multidimensional poverty creates a web of interconnectedness among these factors, with each impacting the others, making it difficult for households trapped in poverty to escape from its cycle. One of the key factors in escaping poverty is human capital. Human capital encompasses not only knowledge and skills but also includes creativity, self-confidence, determination, and the ability to adapt to new environments. This study aims to analyze these factors, particularly the impact of human capital on the multidimensional poverty status of households in the Red River Delta region. The research indicate that human capital, as demonstrated by the study conducted in the Red River Delta by the authors, specifically the educational attainment and occupational status of household heads, has a strong correlation with the multidimensional poverty status of households.