Education and Economic Development

This is just a short entry to augment Sakmongkol's insightful post, Education vs. Legislation.

I just read a fairly succinct academic paper entitled THE ROLE OF EDUCATION IN ECONOMIC DEVELOPMENT: A THEORETICAL PERSPECTIVE published in the Journal of Rural Development and Administration, Volume XXXIII, No. 1, Winter 2001, Pakistan Academy for Rural Development, Peshawar, pp. 39-47.

The paper takes a holistic view of education and, how it relates to economic development, productivity, income, family and, trade.

It's worth a read.