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Economics and educational planning in developing countries

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Literatur

  1. Some of this evidence is to be found in R. G. Hollister,A Technical Evaluation of the First Stage of the Mediterranean Regional Project, Paris, OECD 1966; and OECD,Occupational and Educational Structures of the Labour Force and Levels of Economic Development, Paris, 1970. It is further discussed in M. Blaug,Introduction to the Economics of Education, London, Penguin Books, 1972, Chapter 5.

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  2. See B. Ahmad and M. Blaug,The Practice of Manpower Forecasting, London, Allen Lane The Penguin Press, 1972, which consists, among other things, of a detailed appraisal of the forecasting experience of eight countries, of which three are developing countries.

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  3. See, for example, H. H. Thias and M. Carnoy,Cost-Benefit Analysis in Education. A Case Study on Kenya, Washington, D.C., IBRD, 1969; M. Blaug, R. Layard and M. Woodhall,Causes of Graduate Unemployment in India, London, Allen Lane The Penguin Press, 1969.

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  4. The evidence is discussed in Blaug,Introduction to the Economics of Education, op. cit., pp. 51–4, 227–30.

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  5. See G. Psacharopoulus,The Economic Returns to Investment in Education in the Process of Growth and Development London, Allen Lane The Penguin Press, forthcoming 1972. For a quick review of the findings, see the same author's ‘Rates of Return to Investment in Education Around the World’,Comparative Education Review, February 1972. The developing countries in question are: Mexico, Venezuela, Colombia, Puerto Rico, Chile and Brazil in Latin America; Malaysia, Singapore, The Philippines, Thailand, India, South Korea in Asia; Ghana, Kenya, Uganda and Zambia in Africa; and Greece and Turkey in Europe.

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  6. For some examples of ‘sensitivity analysis’ to show how rates of return in certain countries will change in the future, given specified changes in enrolments at various levels, see: C. S. Dougherty, ‘The Optimal Allocation of Investment in Education’, in: H. Chenery (ed.),Studies in Development Planning Cambridge, Mass. Harvard University Press, 1970; and M. Selowsky,The Effect of Unemployment and Growth on the Rate of Return to Education: The Case of Colombia, Cambridge, Mass., Center for International Affairs, Harvard University, 1969 (Report No. 129).

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  7. C. A. Anderson and M. J. Bowman (eds.)In Education and Economic Development, Chicago, Aldine Publishing Co., 1966; reprinted in: M. Blaug (ed.),Penguin Modern Economics: Economics of Education 1, London, Penguin Education, 1968.

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  8. See E. Staley,Planning Occupational Education and Training for Development, New Delhi, Orient Longmans, 1970.

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  9. For an elaboration of this theme, see M. Blaug, ‘The Correlation between Education and Earnings: What does it Signify?’,Journal of Higher Education Vol. 1, No. 1, 1972.

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Authors and Affiliations

  1. Institute of Education, University of London, London, UK

    Mark Blaug (professor, research unit in the economics of education)

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  1. Mark Blaug
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Author of Economics of Educations; a Selected Annotated Bibliography (1966); An Introduction to the Economics of Education (1970);and other articles and books on economic aspects of education.

Articles appearing in this review reflect the opinions of their authors. The editor will be happy to publish, particularly in the following section, contributions and correspondence motivated—favourably or unfavourably—by articles inProspects. One of the main aims of the review, as we have stated, is to engage a wide-ranging dialogue on the current state of education and on the possibilities for the future.

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Blaug, M. Economics and educational planning in developing countries. Prospects 2, 431–441 (1972). https://doi.org/10.1007/BF02195669

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