Education and Growth

#x2B22; Do investments in education lead to faster growth?#x2B22; Should different countries invest in different levels of education depending on their level of development?#x2B22; Is there convergence in human capital across countries?#x2B22; What factors determine skill acquisition in developing countries?#x2B22; Is it possible to improve school quality in developing countries?This book was prepared for the Commission on Growth and Development to evaluate the state of knowledge of the relationship between education and economic growth. It does not pretend to provide all the answers, but it identifies insights and policy levers to make education policy work as part of a national growth strategy. It examines a variety of topics such: the importance of the quantity and quality of schooling for economic growth, the technology of skill formation, and the design of effective education policy.Written by prominent academics in their fields, Education and Growth seeks to create a better understanding of the role of education in growth and to inform policy makers tackling the formidable changes it poses.