Social Policy as a Productive Force
International examples clearly demonstrate that a high level of social policy does not necessarily correlate with slow growth rates. Empirical literature shows that incentives of social policy measures that lead to a growth-enhancing education, research and development policy are of utmost importance. High quality education is not only an important predictor of individual income, but also of productivity and growth.
Volume (Year): 82 (2009)
Issue (Month): 11 (November)
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