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The Economics of Education in Asian‐Pacific Developing Countries

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  • K Gannicott

Abstract

Notingthut in munypartsof the worldthere has been widespread disillusionment with the economics of education, this paper argues that in Asia and the Pacifi there still remains a strong sense of optimism about the power of education to promote economic powth. The paper reviews the evidence on rates of return to education) and surveys the literature on education and equity. It also considers issues of educational management) education and unemployment, and the long‐running issue of the economic value of different curricula. The overall lheme of the paper i v the sense of confidence in education that is characteristic of most countries in the Asia‐PacifK region.

Suggested Citation

  • K Gannicott, 1990. "The Economics of Education in Asian‐Pacific Developing Countries," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 4(1), pages 41-64, March.
    • Handle: RePEc:bla:apacel:v:4:y:1990:i:1:p:41-64
    DOI: 10.1111/j.1467-8411.1990.tb00024.x
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    References listed on IDEAS

    as
    1. Jacob A. Mincer, 1974. "Schooling and Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 41-63, National Bureau of Economic Research, Inc.
    2. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, March.
    3. Harry T. Oshima, 1978. "The Role of Manpower Development in Postwar Asian Differential Growth," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 15(4), pages 37-58, December.
    4. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters, in: Schooling, Experience, and Earnings, pages 1-4, National Bureau of Economic Research, Inc.
    5. Jacob A. Mincer, 1974. "Age and Experience Profiles of Earnings," NBER Chapters, in: Schooling, Experience, and Earnings, pages 64-82, National Bureau of Economic Research, Inc.
    6. Mark Blaug, 1987. "The Economics of Education and the Education of an Economist," Books, Edward Elgar Publishing, number 48, March.
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