Education and Development (Paperback)

Idioma: inglés

Editorial: Oxford University Press, Oxford, 2002

0199250723 / 9780199250721

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Paperback. This book develops a new approach to measuring the total returns to human resource development through investment in education. Drawing on microanalytic foundations, it uses regional and worldwide data to estimate the net marginal contributions of education and new knowledge both to economic growth and to wider effects on democratization, human rights, political stability, health, longevity, net population growth rates, reduction of poverty, inequality in incomedistribution, crime, drug use, and the environment.Externalities including indirect and delayed effects are identified and measured for these market and non-market returns. The totalimpacts of education policy changes on endogenous development are then estimated for several East Asian, Latin American, African, and industrialized nations using an interactive model.This new approach is important to industrialized and developing countries alike. The diffusion of knowledge and the adaptation of new techniques has been identified as crucial to the growth process in the new endogenous growth models, and is of increasing strategic importance incurrent knowledge-based globalizing economies.Similarly, the non-monetary returns from education are important in improving human welfare. Measurement of these non-marketreturns is a crucial but much neglected subject. It has proved frustrating, and existing microanalytic measures have proved piecemeal. The new approach developed here offers some comprehensive estimates and simulation techniques for finding more cost-effective policies, and also suggests new hypotheses for further microanalytic testing. Education is a key area for knowledge-based, globalizing economies. Economies depend on education not only for the diffusion of knowledge and learning of new techniques, but also for long-term poverty reduction and improved health. This book develops a new approach for measuring the social benefits of education and finding more cost-effective policies. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability.…

N° de ref. del artículo 9780199250721

Título
Education and Development (Paperback)
Autor
Walter W. McMahon
Editorial
Oxford University Press, Oxford
Año de publicación
2002
Estado
new
Encuadernación
Paperback
Idioma
inglés
ISBN 10
0199250723
ISBN 13
9780199250721

CitiRetail

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