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Article: Education and Economic Growth.(correspondence)(Brief article)
- Article from:
- Education Next
- Article date:
- June 22, 2008
- Author:
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Promoting quality education for economic growth has become a priority in more nations than ever before. The belief in the power of education is strong in policy circles. But the question remains, does education contribute to economic growth, and how?
The work of Hanushek et al. ("Education and Economic Growth," research, Spring 2008) demonstrates that what people know, and not just how many years of schooling they complete, is the key to understanding how schooling investments improve productivity. Information from standardized tests and especially international assessments of student learning provide an excellent measure of skills. Putting together these scores ...