EDUCATION QUALITY AND ECONOMIC GROWTH Education Quality and Economic Growth Education Quality and Economic Growth Eric A. Hanushek Ludger Wößmann THE WORLD BANK Washington‚ DC © 2007 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: feedback@worldbank.org All rights reserved 1 2 3 4 5 10 09 08 07 This volume is a product of the staff of
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Economic Effects of Slavery and Abolition U.S. Economic History Slavery is a legal or economic system under which people are treated as property. While the system and laws may vary slaves are usually bought and sold. Slavery in America began when the first African slaves were brought to the North American colony of Jamestown‚ Virginia in
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Discuss the causes and effects of Economic Growth Economic Growth Before discussing the causes and effects of economic growth‚ I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole‚ economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit
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American Literature influenced and shaped the American Colonies. Studying the six types of genres/categories helps us to recognize the magnitude of history in the New World‚ known as the United States of America Journals and diaries are noteworthy and play a vital role in history because people document their daily experiences that they faced. Several examples of historical figures are Christopher Columbus‚ Captain John Smith‚ and William. Mr. Columbus documented about his adventures‚ so that he
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dependence on slave-holding colonies‚ neither the Industrial Revolution nor capitalism would have succeeded in Britain. Carter and Warren agree with Marks that the transatlantic network allowed Britain to escape the “biological old regime.” This system was responsible for supplying the resources necessary for the Revolution‚ along with creating a demand for manufactured goods. Burbank and Cooper also argue that due to Britain’s unique ability to connect its imperial colonies and their output to mainland
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Macroeconomics / International Economy Costs and Benefits of Economic Growth The advantages and disadvantages of economic growth are fiercely debated by economists‚ environmentalists and other commentators. In this note we consider some of the economic and social costs and benefits from expanding levels of production and consumption. In particular we focus on the idea of sustainable growth. The Benefits of Economic Growth According to the UK government‚ ‘a healthy economy leads to higher living
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STS Part 4.3 TECHNOLOGY TRANSFER AND ECONOMIC GROWTH By Raja Aggarwal Technology is usually defined as "know-how" or the sum of knowledge‚ experience‚ and skill necessary to establish enterprise that will manufacture and market a product economically. Technology needs to be viewed not only as the specific production process or manufacturing technology‚ but also various other types of knowledge and expertise necessary for the planning‚ establishment‚ and operation of a manufacturing
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The Effect of Education on Economic Growth Abstract Education is one of the primary factors of development. Countries can’t achieve economic development without investment in human capital. Vocational training and higher education equip a worker to perform certain jobs or functions .It improves the quality of their lives and leads to social benefits to individuals and society like improving income distribution. Education increase people’s productivity and creativity
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Social and economic factors In the 1920s Brownsville had few social agencies or recreational programs‚ and one religious institution which was underfunded. With more than 100‚000 in population‚ there was one significant hospital‚ one park‚ no high school‚ and only two notable community centers. Local associations were available and often set goals that they achieved. The residents of Brownsville used these associations to fight for better services and counter the negative perception of their neighbors
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In the late 1700s‚ tensions ran high between Britain and the 13 American colonies‚ which led to events such as the Boston "Massacre"‚ and the Boston Tea Party. Britain’s angry response to these events furthered the indignation of the colonials against the British‚ which ultimately led to the Revolutionary War in the colonies. Among the factors for rebellion the resentment of parliamentary taxation‚ restriction of civil liberty‚ British military measures‚ and the legacy of American religious
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