In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country’s development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann...

"This book explores why equality and equity are often mischaracterized as interchangeable terms in public education. It discusses equity, including historical and social contexts of equity, rationale for continued focus on equality, school reform as a form of equity and the how a Eurocentric...

This book is mainly a collection of selected papers presented at the International Conference on Economics of Education at the University of Tartu, Estonia. The contributions presented here illustrate the wide variety of issues as human and social capital, skills, education and research...