A new economic revolution liberating financial markets? Seeks to answer some of the questions driving the existential crisis embroiling finance: What is currency? What is value? What is a business? What is a bank, even?This article discusses how regulatory reform, transformative technologies,...

This book explores the past, present, and future of the Internet. It explains why some crucial, commonplace ingredients of the Net such as the generic, reprogrammable PC are likely soon to be replaced, not just complemented, by a new range of information appliances and corresponding Web 2.0...

The World Economic Forum's Global Education Initiative (GEI) report, Educating the Next Wave of Entrepreneurs provides specific recommendations for the academic, public, private and non-profit sectors to collaborate in supporting the development of entrepreneurship ecosystems, in which education...

Faculty, administrators, businesses, accrediting agencies, and other institutions concerned with higher education quality must act to provide a framework for international higher learning standards, particularly concerning e-learning and access in developing countries. Higher education...

Recent developments in higher education, with leading institutions starting to offer courses online, suggest that the Internet is going to disrupt this industry, just as it has already disrupted the music and book industries and many others. We are entering a period of experimentation with new...

This paper uses two large multi-country datasets on educational scores – PISA and TIMSS – to examine the performance of Russia in comparative light as well as the factors associated with differences in educational outcomes in Russia. Despite the perception of a positive educational legacy,...

Low-cost private schools are ubiquitous across the developing world. This book explores their nature and extent in some of the world’s most difficult places: Liberia, Sierra Leone, and South Sudan. The accepted wisdom of international agencies on education in conflict-affected states...

Education reforms that allow new educational providers to supply schooling into a state system can improve parental satisfaction and raise learning outcomes through consumer choice. Choice provides children with schooling that matches their interests. A child engaged in school is more likely to...

It is well known that higher education financing involves uncertainty and risk with respect to students' future economic fortunes, and an unwillingness of banks to provide loans because of the absence of collateral. It follows that without government intervention there will be both socially...

Using panel data for non-OECD countries covering the period 1970-2012, this paper analyzes the impact of the duration of primary education on school enrollment, drop-outs and completion rates. The empirical results show that for children in elementary school one additional grade of primary...