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The Benefits and Costs of Alternative Strategies to Improve Educational Outcomes

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Author Info
Orazem, Peter
Glewwe, Paul
Patrinos, Harry

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Abstract

This paper reviews the stylized facts regarding the levels of human capital investments and the returns to those investments in developing countries. These returns are substantial and are pervasive across demographic groups. Returns are comparable between men and women and between urban and rural residents. The study shows that 23% of children in developing countries do not complete the fifth grade and of these, 55% started school but dropped out. We argue that eliminating dropouts is the most cost effective way to make progress on the goal of Universal Primary Education. Of the various mechanisms we can use, mechanisms that stimulate schooling demand have the strongest evidence of success to date and are the most cost effective.

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Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 12853.

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Length: 57 pages
Date of creation: 02 Nov 2007
Date of revision:
Handle: RePEc:isu:genres:12853

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
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Related research
Keywords: Education; literacy; benefits; costs; developing countries; Universal Primary Education; collateral benefits;

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Find related papers by JEL classification:
O2 - Economic Development, Technological Change, and Growth - - Development Planning and Policy

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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Kanbur, Ravi, 2009. "Intergenerationalities: Some Educational Questions on Quality, Quantity and Opportunity," Working Papers 48922, Cornell University, Department of Applied Economics and Management. [Downloadable!]
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