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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.

Produktbeschreibung
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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Autorenporträt
Walter W. McMahon is Professor of Economics, and Professor of Education Emeritus, University of Illinois at Urbana-Champaign. He has published widely in journals on the economics of education, growth, and related topics and has worked in many developing countries including writing major project designs and conducting education sector assessments for the governments of Nepal, Indonesia, Pakistan, Malawi, South Korea, and Kuwait.