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The Korean education system has developed very rapidly in both quantitative and qualitative terms since the 1950s and made considerable contribution to inclusive growth in Korea. In what ways has the Korean education system played a positive role in approaching the inclusive growth in Korea?...
Persistent link: https://www.econbiz.de/10012182091
This paper constructs a two-period overlapping generations model of human capital investment decisions where a microloan program designed to finance entrepreneurial activities is active. It is shown that, in the presence of human capital externalities (social returns to education) there exists a...
Persistent link: https://www.econbiz.de/10009153583
The fundamental, underlying factors of development are often neglected when analyzing the question why countries experience a growth slowdown at the middle-income range. Although these so-called `deep determinants' such as geography and institutions have been found to be decisive for the break...
Persistent link: https://www.econbiz.de/10012205933
In economic theory, technology is treated as crucial factor contributing significantly to economic development. In … time framework is set for period 2000-2011. Statistical data are derived from World Telecommunication/ICT Indicators … Database 2012, World Development Indicators 2013 and Human Development Report 2013. …
Persistent link: https://www.econbiz.de/10011802112
This paper critiques the last decade of research on the effects of high-skill emigration from developing countries, and proposes six new directions for fruitful research. The study singles out a core assumption underlying much of the recent literature, calling it the Lump of Learning model of...
Persistent link: https://www.econbiz.de/10011307889
Economic growth within countries varies sharply across decades. This paper examines one explanation for these sustained shifts in growth - changes in the national leader. We use deaths of leaders while in office as a source of exogenous variation in leadership, and ask whether these...
Persistent link: https://www.econbiz.de/10014029410
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