Education and Development: Measuring the Social Benefits

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More About This Textbook

Overview

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.

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Product Details

  • ISBN-13: 9780198292319
  • Publisher: Oxford University Press, USA
  • Publication date: 1/28/2000
  • Pages: 314
  • Product dimensions: 6.40 (w) x 9.30 (h) x 1.00 (d)

Meet the Author

Walter W. McMahon has been Professor of Economics with a joint appointment as Professor of Education at the University of Illinois at Urbana-Champaign since 1972, specializing in the economics of education and human capital, and in macroeconomic theory and analysis. He has worked in many developing countries, including acting as Chief Economist on the 25 Year Plan for Education in Indonesia, and conducting education sector assessments for the governments of Nepal, Pakistan, Indonesia, and Kuwait.

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Table of Contents

1 Measuring the Returns to Education 3
2 Human Capital, Endogenous Growth Models, and Economic Development 19
3 Education and Growth in East Asia 34
4 Education and Growth in Latin America 52
5 Africa's Population Growth and Dilution of Human Capital 68
6 Health and Net Population Growth 81
7 Democracy, Human Rights, and Political Stability 92
8 Poverty and Inequality 111
9 The Environment 125
10 Education and Crime 141
11 Tracing The Impacts of Education on Development: A Summary 155
12 Measuring the Total Social Benefits of Education: The Complete Model 179
13 Separating and Valuing the Direct and Indirect Effects of Education 227
14 Summary of Conclusions: Measuring the Social Benefits, Convergence, and Policy Dialogue 261
Bibliography 273
Index 285
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