The demographic transition is perhaps the most important event to occur in human affairs during the last 250 years, since the time of the enlightenment. It started in the countries of north-western Europe, and it has gone on to affect the rest of the world (Dyson 2009). Signified by the...

Unified Growth Theory suggests the demographic transition and the associated rise in human capital formation were critical forces in the transition from Malthusian stagnation to modern economic growth. This paper provides empirical evidence in support of this hypothesis based on the development...

Every human being below the age of eighteen years is known as ‘child’ according to the universally accepted definition of United Nations Convention on the Rights of the Child (UNCRC). The need for special safeguard for the child had been stated in the Geneva Declaration, 1924. It was also...

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...

Do new school types focusing on practical and business-related knowledge lead to increased economic performance? To analyze this question, this paper examines the introduction of two types of modern secondary education, the Gewerbeschule and its successor, the Realschule, in nineteenth-century...

The article is devoted to questions of social responsibility and social activities of higher educational institutions (universities). It is analyzed the theoretical concept of social responsibility of higher educational institutions. It is outlined the role of stakeholders in the acting of...

This paper analyses inclusive growth that focuses on the creation of opportunities for all. Inclusive growth allows people to contribute to and benefit from economic growth, while pro-poor growth approaches focusing on welfare of the poor only to reduce inequality. Recently, economics literature...

We present new data documenting medieval Europe’s Commercial Revolution” using information on the establishment of markets in Germany. We use these data to test whether medieval universities played a causal role in expanding economic activity, examining the foundation of Germany’s first...

The paper describes a concept of economic development based on a non - material resource, such as knowledge. It presents the idea of a knowledge - based economy together with directions of its development. It shows the interdependencies between various institutions operating on the market as the...

Does culture, and in particular religion, exert an independent causal effect on long-term economic growth, or do culture and religion merely reflect the latter? We explore this issue by studying the case of Protestantism in China during the late nineteenth and early twentieth centuries....