Education and economic performance in the OECD countries: an elusive relationship?
Citation:Martin, John P. 'Symposium on the economic returns to education - Education and economic performance in the OECD countries: an elusive relationship?'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XXVII, Part V, 1997/1998, pp99-128
One of the most common political mantras to-day is that education is the handmaiden of economic growth and prosperity. Politicians like Bill Clinton and Tony Blair constantly trumpet the need to invest in education and training of the work force, and improve the quality of that investment, in order to compete effectively in to-day?s increasingly globalised and knowledge-intensive world economy. Population ageing which is set to hit many OECD and non-OECD economies over the next few decades will also increase the pressure on individuals and firms to invest more in upgrading their skills and competences in order to maintain productivity growth and living standards in the future. Thus, investment in education and training, so-called ?human capital accumulation?, is once again the political flavour of the month.
Other Titles:Symposium on the economic returns to education
Publisher:Statistical and Social Inquiry Society of Ireland
Series/Report no:Journal of The Statistical and Social Inquiry Society of Ireland
Vol. XXVII, Part V, 1997/1998
Description:Read before the Society, 19 February 1998