Colección: La Educación
Número: (119) III
At one level, the importance of education to economic growth seems obvious. But many questions remain: how much education is needed, who should get it, who should deliver it, how should its delivery be organized, who should pay, who will benefit, and how is education related to other types of economic and social policy? In the past, it has been difficult to answer these questions because, surprisingly, analysts have had trouble explaining why and how education is related to growth and competitiveness. But the last decade has seen new progress in theoretical and empirical work on education and growth. This paper uses current economic thinking about the relationship between education, development, and growth as well as recent developments in educational reform in the U.S. to discuss educational policy in developing countries. One of the fundamental conclusions of that research is that the relationship between education and growth cannot be understood in the abstract. Education is not something that can be tacked onto the society and economy regardless of the surrounding conditions. Different conditions require different educational strategies.