For African countries engaged in structural reform, resource constraints on education systems are likely to rise over the next several years. Absent a significant increase in resources, educational enrollment ratios are likely to remain stagnant or decline, and allocative efficiency in education...

For many countries, export-driven policies have thus far produced dramatic increases in real per capita income. At the same time, sustainable growth requires that technological innovation proceed at comparable rates if mutual gains from globalization are to be realized. In this paper, we derive...