Back to School: Why We Should Invest in Education (News and Research 58)

 Why We Should Invest in Education – Especially During Tough Economic Times What Works in Education to Get Economies Moving and to Sustain Growth? (Part 3) The insight that education is valuable both to individuals and to countries is not new. Using continuously improving data and statistical tools, we have come to understand and appreciate … Continue reading Back to School: Why We Should Invest in Education (News and Research 58)

Human Capital (News and Research 57)

Gary Becker’s concept of human capital Becker made people the central focus of economics. The second in our series on big economic ideas…Why do families in rich countries have fewer children? Why do companies in poor countries often provide meals for their workers? Why has each new generation spent more time in school than the one … Continue reading Human Capital (News and Research 57)

Roads versus Schools (News and Research 56)

Developing countries should invest in schools before roads—at least for now A “big push” investment in schools would be the way to help the output from education match or exceed that from roads Roads or schools  Despite investment in education appearing to be a more pressing need in many developing countries, spending on roads often … Continue reading Roads versus Schools (News and Research 56)

News and Research 55: Remembering Gwang-Jo Kim

Remembering UNESCO Bangkok Director Gwang-Jo Kim (1955-2017) Gwang-Jo was a friend.  I feel honored to have worked with him at the World Bank. He was the first Korean to join us as part of a secondment program.  A better representative could not have been chosen.  He excelled and everyone around him benefited.  We worked on several … Continue reading News and Research 55: Remembering Gwang-Jo Kim

News and Research 54: Gwang-Jo Kim

 Gwang Jo Kim, A Steward of Peace The flaw of averages  A high-school dropout turned Harvard professor is inspiring Silicon Valley’s efforts to overhaul America’s schools... Tapping the potential of Indonesia’s Village Law to increase quality of Early Childhood Education  Indonesia continues to make strides in expanding access to early childhood education (ECE) across its … Continue reading News and Research 54: Gwang-Jo Kim