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Without education, development will not occur, only an educated people can command the skills necessary for sustainable economic growth and for a better quality of life. Recognizing this fact, African governments have placed heavy emphasis on expanding educational opportunities from primary...
Persistent link: https://www.econbiz.de/10005789250
For several decades, the international community has aspired to integrate the social, economic and environmental dimensions of sustainability. Yet, no country has achieved the patterns of consumption and production that could sustain global prosperity in the coming decades. Thus, with the...
Persistent link: https://www.econbiz.de/10011107392
As by product of economic growth, jobs are indeed transformational. In other words, efficiency increases as workers get better at what they do (as more productive jobs appear and less productive one disappear). In fact societies flourish as jobs bring together people from different ethnic and...
Persistent link: https://www.econbiz.de/10011107833
While the global economic recovery continues, it remains uneven and subject to downside risks. Yet,to the extent that these linger, they could undermine growth further and foster larger macroeconomic imbalances.In fact,one unwanted characteristics that most Sub-saharan African economies share,...
Persistent link: https://www.econbiz.de/10011114297
This paper derives and estimates a barro-type reduced form equation for domestic real output from a simple structural model of an open developing economy in which markets clear continuously and expectations are rational. The form in which open economy variables appeared was explicitly derived...
Persistent link: https://www.econbiz.de/10010836194
This paper derives and estimates a barro-type reduced form equation for domestic real output from a simple structural model of an open developing economy in which markets clear continuously and expectations are rational. The form in which open economy variables appeared was explicitly derived...
Persistent link: https://www.econbiz.de/10005181978
I examine the effects of education on health in Indonesia using an exogenous variation in education induced by an extension of Indonesia's school term length in 1978-1979, a natural experiment that fits a regression discontinuity design. I find the longer school year increases educational...
Persistent link: https://www.econbiz.de/10011210848
We study exchanges between three overlapping generations with non-dynastic altruism. The middleaged choose informal care provided to their parents and education expenditures for their children. The young enjoy their education, while the old may leave a bequest to their children. Within each...
Persistent link: https://www.econbiz.de/10011210872
This paper illustrates how trust in management can be consolidated through the order and mode of application of enforcement measures (negotiating and punitive enforcement measures) which are employed in facilitating and maximising compliance with rules. “Whilst negotiating strategies are...
Persistent link: https://www.econbiz.de/10011211853
Policy implications of complexity economics (CE) are investigated. CE deals with “Complex Adaptive (Economic) Systems” [CA(E)S], generally characterized by mechanisms and properties such as “emergence” of structure or some capacity of “self-organization”. With this, CE has manifold...
Persistent link: https://www.econbiz.de/10011212778