Beyond years of schooling, educational content can play an important role in the process of economic development. Individuals ́choices of educational content are often shaped by the political economy of government policies that determine the incentives to acquire various skills. We first...

Education and training are playing an important role in the development process of the less developed countries. So far, however, the traditional systems of education have been primarily of service to the privileged strata. New systems must be found for the future which fit in with development...

This paper aims to show the evolution of the role and importance of education in economic theory, especially in theoretical approaches to economic development after World War II. In order to find answers and to present a current issue why and how certain countries have made progress while others...

In contrast to the popularity of financial education interventions worldwide, studies on the economic effects of those interventions report mixed results. With a focus on the effect on disadvantaged groups, we review both the theoretical and empirical findings in order to understand why this...