When investments in education in developing countries do not produce higher growth, the problem may be the quality of the schooling, of the education infrastructure, of the initial endowment in human capital, and of the system's ability to equitably distribute educational services. The consensus...

July 2001When investments in education in developing countries do not produce higher growth, the problem may be the quality of the schooling - of the education infrastructure, of the initial endowment in human capital, and of the system's ability to equitably distribute educational services. The...

• Tariffs still matter. • Full tariff liberalisation to 2010 would generate dynamic welfare gains of $ 1 200 billion (at 1995 prices), equivalent to 3 per cent of World GDP in 2010, from greater efficiency and higher productivity. • Developing countries stand to gain relatively more from...

Recent empirical studies question conventional wisdom about the importance of education to growth. These results partly reflect how international differences in the quality of education systems--defined by the systems' ability to produce one marginal unit of productive human capital--are not...