Showing 1 - 10 of 16
In this paper the issue of high dropout rates in India is examined which has adverse implications for human capital formation, and hence for the country’s long term growth potential. Using the 2004-05 National Sample Survey employment-unemployment survey data, transition probabilities of...
Persistent link: https://www.econbiz.de/10009493973
This paper studies economic growth in Malaysia, with the purpose of assessing the potential to attain the status and characteristics of a high-income country. Future economic growth is simulated under a business-as-usual baseline, where the growth drivers follow their historical or recent...
Persistent link: https://www.econbiz.de/10012241371
The World Bank Human Capital Index (HCI) is based on the productivity gains of future workers from human capital accumulation. But in many developing countries, a sizeable fraction of people are not employed, or are in jobs in which they cannot fully use their skills and cognitive abilities to...
Persistent link: https://www.econbiz.de/10012296855
This paper provides an explanation for the observed persistence in income inequality across households in terms limited parental altruism. It is postulated that the degree of parental altruism is ‘limited’ by the financial status of the parent. [CDE WP 101].
Persistent link: https://www.econbiz.de/10005341789
Once the reach of education remains circumscribed only by its functional role in the formation of human capital, which …
Persistent link: https://www.econbiz.de/10009319311
This paper presents the results of fieldwork on rural primary schools of two districts of Madhya Pradesh, India, conducted from December 2001 to March 2002. Since the mid-1990’s, the government of this state has initiated reforms in the public primary school sector, by decentralising its...
Persistent link: https://www.econbiz.de/10009250442
This paper outlines an extension of the Human Capital Index that addresses the specific challenges in education and … health faced by countries in Europe and Central Asia. Good basic education will not be enough, as job markets today demand … by adding a measure of quality-adjusted years of higher education to the original education component, and it includes …
Persistent link: https://www.econbiz.de/10012390604
Using a model of O-ring production function, the paper demonstrates how certain communities can get caught in a low-literacy trap in which each individual finds it not worthwhile investing in higher skills because others are not high-skilled. The model sheds light on educational policy. It is...
Persistent link: https://www.econbiz.de/10008512470
The emergence of a large and dynamic middle class raises Asia’s profile as an attractive market destination for products ranging from consumer goods to financial services. There are even hopes that the Asian consumer will replace the US as “world consumer of last resortâ€,...
Persistent link: https://www.econbiz.de/10008543122
The role of education in economic development has been recognised for quite some time in mainstream economic literature …. Divergence between the private and social rate of return from education is the rationale for intervention by the state in … public expenditure on education. The outcome of these lines of research also has implications for the financing of education …
Persistent link: https://www.econbiz.de/10005487761