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This book aims to contribute to the World Bank's education agenda by communicating research findings on the impact of … education quality on economic growth. Eric Hanushek and Ludger Wößmann show that indeed the quality of education, rather than … mere access to education, is what impacts economic growth. These world-renowned researchers use data on economic growth and …
Persistent link: https://www.econbiz.de/10010521914
surprisingly, labor productivity also decreased, reflecting a low real economic growth, which results in higher unemployment …, poverty and inequality increases. The needed acceleration of human, and social capital development focuses on education …, health, and the decline of crime and violence, suggesting continued implementation of primary education reforms, through the …
Persistent link: https://www.econbiz.de/10012558583
(HLIs), and demand-driven Technical and Vocational Education and Training (TVET) courses to supply the demand for the higher …-level skills and competencies relevant to labor market needs remains a central priority for the ministry of education in Rwanda … Education and Training (PBET) sector and progress has been made on various areas of policy implementation discussed in the …
Persistent link: https://www.econbiz.de/10012560597
"Are natural resources a blessing or a curse? Bravo-Ortega and De Gregorio present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth...
Persistent link: https://www.econbiz.de/10010522714
"Chen and Dahlman assess the effects of knowledge on economic growth. By using an array of indicators, each of which represents an aspect of knowledge, as independent variables in cross-section regressions that span 92 countries for the period 1960 to 2000, they show that knowledge is a...
Persistent link: https://www.econbiz.de/10010522968
, and recent evaluations suggest that they can be effective in increasing productivity and the chance of finding employment … and span all levels of education. The report proceeds in four chapters. The first covers demographic trends and the labor …
Persistent link: https://www.econbiz.de/10012564394
, productivity growth increases with North-South trade-related technology diffusion and education and the interaction between the two … and total factor productivity growth in small and large states in the South. There are three main findings. First …, and decreases with the brain drain. Second, the impact of North-South trade-related technology diffusion, education, and …
Persistent link: https://www.econbiz.de/10011394122
. Consistent with microeconomic studies for Guatemala, primary and secondary education are most important for productivity growth …. Due to an environment of social and political conflict, however, total factor productivity has been slightly negative for … differentiates by level of education. It shows that the human capital variables explain more than 50 percent of output growth. Of …
Persistent link: https://www.econbiz.de/10010522590
opportunities for tertiary graduates now exist in most sectors. Higher education graduates are also shown to contribute positively … to firm productivity. On the one hand, this evidence provides a strong justification for further expansion and … improvement of higher education in the country. On the other hand, low research and development (R&D) capacity, increasing …
Persistent link: https://www.econbiz.de/10012552981
The shortage of skills sought by key export-oriented and import competing industries in Bosnia and Herzegovina (henceforth, 'BH') is substantial and if left unaddressed, threatens to constrain future economic growth of the country. Prior to the onset of the global economic crisis, BH enjoyed...
Persistent link: https://www.econbiz.de/10012550927