The paper suggests that international differences in educational institutions explain the large international differences in student performance in cognitive achievement tests. A microeconometric student-level estimation based on data for more than 260,000 students from 39 countries reveals that...

"There is an international competition for international students. This phenomenon is characterised by countries aiming not only to attract international students but also to retain them after graduation. Despite the importance of their migration intention, the factors influencing the...