"Among developing member countries (DMCs), Indonesia and the Philippines rank fairly high in the distribution of real GDP per capita in PPP dollars while Bangladesh ranks much lower. In terms of aggregate schooling, the Philippines has secondary and tertiary enrollment rates that are...

Human capital is a central determinant of economic well-being and social advancement in the modern world economy. The concept of human capital covers the knowledge, skills, nutrition, and health that people accumulate over their lives, enabling them to realize their potential as productive...

This study employs a pseudo-panel approach to estimate the returns to education among income earners in Sri Lanka. Pseudo-panel data are constructed from nine repeated cross sections of Sri Lanka's Labor Force Survey data from 1997 to 2008, for workers born during 1953–1974. The results show...

Sri Lanka is a lower-middle income country with a per capita income of approximately US$ 2,400, and a population of around 20 million people. Sri Lanka's high rate of literacy is due to its sustained growth through the twentieth century. Primary education spans the first five grades of...