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41. Longevity, Capital Formation and Economic Development

Author:
Qiong Zhang
Publication Date:
07-2010
Content Type:
Working Paper
Institution:
Walter H. Shorenstein Asia-Pacific Research Center
Abstract:
Many researchers have concluded that longer life expectancies prompt increased investment in education, as a prolonged labor supply raises the rate of return on education. Besides explaining the empirical evidence behind this conclusion (at an absolute level), there is another issue to be discussed: does time spent in studying and working increase proportionally with higher longevity? Building on an extended life-cycle model with an assumption on a more realistic distribution of life cycle mortality rates, this article considers dynamic effects of prolonging longevity on economic development by directly introducing changes in longevity into the economy, which is more preferable than comparative static analysis that relies on changes in relevant parameters. It shows that prolonged life expectancy will cause individuals to increase their time in education but may not warrant rises in labor input. Later we show that higher improvement rate of longevity will also promote economic growth, even we exclude the mechanism of human capital formation, and only consider growth effects of higher improvement rate of life expectancy from physical capital investment.
Topic:
Development, Economics, Education, Health, and Labor Issues
Political Geography:
United States and United Kingdom

42. Attitudes and Perceptions of Prospective International Students from Vietnam

Publication Date:
01-2010
Content Type:
Policy Brief
Institution:
Institute of International Education
Abstract:
Vietnam is currently the fastest-growing market of international students coming to U.S. colleges and universities to study. Over the past decade, the number of Vietnamese students in U.S. higher education has increased more than sixfold, from just over 1,200 students in 1997/98 to almost 13,000 in 2008/09 (fig. 1). A large part of this increase has occurred in the past three years, with fall 2008 showing an increase of 45 percent, following increases of 45 percent and 31 percent the previous two years. These continuous, large increases have placed Vietnam among the top ten places of origin of international students in the U.S., moving from 20 th place in 2006/07 to 13 th place in 2007/08 to 9th place in 2008/09. At community colleges, Vietnam is now the third most popular place of origin, after South Korea and Japan, and ahead of China and Mexico.
Topic:
Education
Political Geography:
United States, Japan, China, South Korea, Vietnam, and Mexico

43. Spurring Innovation Through Education: Four Ideas

Author:
Grover J. (Russ) Whitehurst
Publication Date:
06-2010
Content Type:
Policy Brief
Institution:
The Brookings Institution
Abstract:
A nation's education system is a pillar of its economic strength and international competitiveness. The National Bureau of Economic Research analyzed data from 146 countries, collected between 1950 and 2010, and found that each year of additional average schooling attained by a population translates into at least a two percent increase in economic output. A 2007 World Bank policy research working paper reported similar results. Based on these findings, if the United States increased the average years of schooling completed by its adult population from the current 12 years to 13 years—that is, added one year of postsecondary education—our gross domestic product would rise by more than $280 billion.
Topic:
Economics and Education
Political Geography:
United States

44. Do Vouchers and Tax Credits Increase Private School Regulation?

Author:
Andrew J. Coulson
Publication Date:
10-2010
Content Type:
Working Paper
Institution:
The Cato Institute
Abstract:
School voucher and education tax credit programs have proliferated in the United States over the past two decades. Advocates have argued that they will enable families to become active consumers in a free and competitive education marketplace, but some fear that these programs may in fact bring with them a heavy regulatory burden that could stifle market forces. Until now, there has been no systematic, empirical investigation of that concern. The present paper aims to shed light on the issue by quantifying the regulations imposed on private schools both within and outside school choice programs, and then analyzing them with descriptive statistics and regression analyses. The results are tested for robustness to alternative ways of quantifying private school regulation, and to alternative regression models, and the question of causality is addressed. The study concludes that vouchers, but not tax credits, impose a substantial and statistically significant additional regulatory burden on participating private schools.
Topic:
Education, Government, and Markets
Political Geography:
United States

45. A Global Education Fund: Toward a True Global Compact on Universal Education

Author:
Gene B. Sperling
Publication Date:
01-2009
Content Type:
Working Paper
Institution:
Council on Foreign Relations
Abstract:
One of the most compelling—yet most unrealized—global development challenges is ensuring that all children can pursue their right to a quality basic education. Seventy-two million young children around the world will not attend primary school this year, and, if we include those adolescents who could be enrolled in secondary school, the number of out-of-school children rises to over 300 million. To some degree, global awareness of both the silent crisis of education in developing nations and the individual and societal benefits of moving toward a quality education for all children has grown over the last decade. In recent years, more policymakers and foundations have gained greater knowledge of the high economic, health, and social returns of educating girls, while foreign policy specialists increasingly recognize a connection between educational opportunities and encouraging young people to resist opting for more destructive or violent futures. A new global effort on education—the Education for All Fast Track Initiative (FTI)—has been started, and increased civil society advocacy for schooling opportunities for girls and boys, as well as those affected by HIV/AIDS, conflict, disability, and child labor, have all raised the profile of education among the broader public.
Topic:
Debt, Education, Globalization, Health, and Poverty
Political Geography:
United States

46. Money for Nothing: Three ways the G20 could deliver up to $280 billion for poor countries

Publication Date:
09-2009
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
This weekend the finance ministers of the G20 nations will meet in London. Whilst the rich world feels that the worst of the economic crisis may be behind it, the poorest countries are being hit hardest, with those living on the margins of the global economy paying for the bankers' folly with their lives.
Topic:
Development, Education, Health, Poverty, and Financial Crisis
Political Geography:
United States and London

47. From Closed Books to Open Doors: West Africa's literacy challenge

Publication Date:
08-2009
Content Type:
Policy Brief
Institution:
Oxfam Publishing
Abstract:
In 2009, the world is faced with a dire economic situation. No one hesitates to call this situation a crisis, most governments have rushed to prioritise it, and, in response, wealthy countries have pledged $8.4 trillion in bank bailouts.
Topic:
Education and United Nations
Political Geography:
Africa and United States

48. The Value of International Education to U.S. Business and Industry Leaders: Key Findings from a Survey of CEOs

Publication Date:
10-2009
Content Type:
Policy Brief
Institution:
Institute of International Education
Abstract:
Study abroad experience is widely recognized among senior management as having the potential to cultivate valued skills and desirable personal qualities in new recruits. In a recent survey, ninety percent of senior management who reported studying abroad during their own careers also reported a hiring or promotion strategy that actively sought out and rewarded study abroad experience. This suggests that individuals with personal experience studying abroad are more likely to place a higher value on the study abroad experience of a potential employee. However, appreciation of study abroad experience in recruitment is not limited to management with personal study abroad experience: 60 percent of all respondents reported that the hiring and promotion strategy of their companies acknowledge the importance of a study abroad experience.
Topic:
Education, International Trade and Finance, Markets, and Labor Issues
Political Geography:
United States

49. Three-Year Bologna-Compliant Degrees: Responses from U.S. Graduate Schools

Publication Date:
04-2009
Content Type:
Policy Brief
Institution:
Institute of International Education
Abstract:
Ten years ago, in June 1999, a group of 29 European Ministers signed the Bologna Declaration with the goal of establishing the European Area of Higher Education by 2010 and promoting the European system of higher education world-wide. In April 2009, 46 European Higher Education Area Ministers will gather for the fifth biennial EHEA Ministerial Conference, to take stock of this first decade and jointly define goals for the coming years. At this juncture, it is important to look at the changes that have occurred through the Bologna Process in the context of transatlantic exchange, and how they affect the way U.S. higher education institutions are approaching graduate admissions, awarding transfer credit and credit for study abroad, and advancing institutional linkages.
Topic:
Education, Migration, and Immigration
Political Geography:
United States and Europe

50. Leadership in the 21st Century: CNN White House Correspondent Suzanne Malveaux '91JRN Speaks with Columbia Student Leaders

Author:
Suzanne Malveaux
Publication Date:
03-2009
Content Type:
Video
Institution:
Columbia University World Leaders Forum
Abstract:
Suzanne Malveaux, CNN White House correspondent, will join Columbia students for a discussion on leadership moderated by President Lee C. Bollinger.
Topic:
Education, Politics, and International Affairs
Political Geography:
United States and South Asia