Hanushek, Eric Alan; Woessmann, Ludger - 2015
empirical support: knowledge is the key to a country’s development. Of course, every country acknowledges the importance of … skills of the population—which they term the “knowledge capital” of a nation—are essential to long-run prosperity. - Hanushek … growth puzzle” and the “East Asian miracle” can be explained by these regions’ knowledge capital. Turning to the policy …