Transcription of Economic Returns to Investment in Education - …
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Economic Returns to Investment in Education - …
Economic Returns to Investment in EducationCHAPTER 2 The main conclusion of the previous chapter is that the MENA regionhas invested heavily in Education over the past few decades and as a con-sequence has improved the level, quantity, and quality of human question to be addressed in this chapter is what the developmentoutcomes of this Investment have been. In other words, have improve-ments in human capital contributed to Economic growth, better incomedistribution, and less poverty in MENA countries?The discussion is organized in three sections: the first covers the re-lationship between Education and Economic growth, the second ad-dresses the relationship between Education and income distribution, andthe third section examines the relationship between Education andpoverty.
Economic Returns to Investment in Education 41 have labor forces with higher levels of formal schooling. Beyond such a macroeconomic approachto the relation between education and economic
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