After being sued for inequity and inadequacy in school funding, many states have reformed their education aid policies. Using Connecticut as an example, this paper shows how to design a state education aid formula that can effectively address funding inequity and inadequacy while taking...

Education is a key element in the prevention of child labour; at the same time, child labour is one of the main obstacles to Education for All (EFA). Understanding the interplay between education and child labour is therefore critical to achieving both EFA and child labour elimination goals....

The paper analyzes the implications of a subsidy policy on education and different liberalized trade and investment policies on the incidence of child labour in a general equilibrium framework with endogenous determination of family size and enrollment of children to schools from each poor...

The paper analyzes the implications of a subsidy policy on education and different liberalized trade and investment policies on the incidence of child labour in a developing economy in terms of a three-sector general equilibrium model with informal sector and child labour. The supply function of...

The purpose of this paper is to examine the long-run relationship between public education expenditures and economic growth. The social benefits of education exceed its private benefits. Therefore, education is considered a merit good; if not supplied by the public sector, private production is...

This study measures the efficiency of public secondary education expenditure in 35 developing and developed countries using a two-step semi-parametric DEA (data envelopment analysis) methodology. First, we implement two cross-country frontier models for the 2009-2012 period: one using a physical...

"This book explores the causal link between GDP and military expenditure, and other economic and political indicators of the countries of different status of developments for the period of formal wars to till date. It surveys the interdependences between the national output and military or...

In Asia inequality in income between countries is more important than inequality within countries. In Africa, Latin America, and western Europe and North America, by contrast, there are only small differences between countries; inequality within countries is more important. And when countries...