IDEAS home Printed from https://ideas.repec.org/p/fth/brooki/5.html
   My bibliography  Save this paper

Education: The People's Asset

Author

Listed:
  • Birdsall, N.

Abstract

Education, the most easily measured form of human capital, is, like land and other forms of wealth, an asset. Once acquired it cannot be stolen or sold, and as its amount increases, the proportion of other assets in total wealth declines; if education is more equally distributed than other assets, the total concentration of all assets declines. This paper sets out the evidence for a vicious circle in which history, geography and economic policies in Latin America have generated high income inequality; high income inequality has contributed to low and unequal accumulation of education; and low and unequal accumulation of this asset has reduced growth and exacerbated income inequality.

Suggested Citation

  • Birdsall, N., 1999. "Education: The People's Asset," Papers 5, Brookings Institution - Working Papers.
  • Handle: RePEc:fth:brooki:5
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mamoon, Dawood, 2017. "Why International Trade Cause Inequality in Developing Countries," MPRA Paper 82268, University Library of Munich, Germany.
    2. Lisa R. Anderson & Jennifer M. Mellor & Jeffrey Milyo, 2003. "Inequality, Group Cohesion, and Public Good Provision: An Experimental Analysis," Working Papers 0308, Harris School of Public Policy Studies, University of Chicago.
    3. Thorbecke, Erik & Charumilind, Chutatong, 2002. "Economic Inequality and Its Socioeconomic Impact," World Development, Elsevier, vol. 30(9), pages 1477-1495, September.
    4. Mohamed Ben Mimoun, 2004. "On the role of inequalities and public education expenditures in human capital investment : a theoretical approach," Cahiers de la Maison des Sciences Economiques bla04094, Université Panthéon-Sorbonne (Paris 1).

    More about this item

    Keywords

    EDUCATION ; HUMAN RESOURCES;

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fth:brooki:5. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel). General contact details of provider: http://edirc.repec.org/data/brookus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.