Carnoy, Martin; Loyalka, Prashant; Androushchak, Gregory; … - National Research University Higher School of Economics - 2012
This paper focuses on the changing economic value of secondary and higher education in four potential world economic powerhouses—Brazil, Russia, India, and China—known as the BRIC countries. We show that in the past twenty-five years in the BRIC countries, changes in rates of return to...