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Standard trade theory suggests that trade liberalization produces opposite effects on human capital accumulation in developed and developing countries, reducing the incentives to invest in education in skill-scarce countries. How would conventional wisdom be modified if we introduce public...
Persistent link: https://www.econbiz.de/10008466879
This paper reviews the literature that relates trade, education and skills formation,intending to provide a theoretical background to policy discussions in education matters. The paper is organised as follows. Section 1 summarises the literature on education and human capital in trade models....
Persistent link: https://www.econbiz.de/10005649885
The paper argues that a comprehensive evaluation of education reform in particular in developing countries needs considering the triangle’ quality-quantity-equity of educational policies in the short, medium and long term in a broader context than the education system itself. There is no...
Persistent link: https://www.econbiz.de/10005518318
The paper analyses the short and long term effects of education activities for an open economy, linking current costs to future benefits of alternative educational policies. The simulations find that growth effects are higher for those policies that reduce the internal inefficiency of the...
Persistent link: https://www.econbiz.de/10005518353
The paper provides a flexible framework to deal with educational provision and public policies in developing countries, linking the impact of quality-quantity-equity of educational policies on labour markets and the external sector. The model includes typical aspects of developing countries that...
Persistent link: https://www.econbiz.de/10005518384