Transcription of Economic Growth in Developing Countries: The Role of …
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< strong >Economic strong > < strong >Growth strong > in < strong >Developing strong > Countries: The Role of Human Capital Eric Hanushek Stanford University April 2013 Abstract The focus on human capital as a driver of < strong >Economic strong > < strong >Growth strong > for < strong >Developing strong > countries has led to undue attention on school attainment. < strong >Developing strong > countries have made considerable progress in closing the gap with developed countries in terms of school attainment, but recent research has underscored the importance of cognitive skills for < strong >Economic strong > < strong >Growth strong > . This result shifts attention to issues of school quality, and there < strong >Developing strong > countries have been much less successful in closing the gaps with developed countries.
Developing countries, while improving in school attainment, have not improved in quality terms. ... capital becomes strong when the focus turns to the role of school quality. Cognitive skills of the population – rather than mere school attainment – are powerfully related to individual earnings,
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