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The High Cost of Low Educational Performance: The Long-Run Economic Impact of Improving PISA Outcomes
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Hanushek, Eric A.; Woessmann, Ludger – OECD Publishing (NJ1), 2010
While many nations express a commitment to improved educational quality, education often slips down on the policy agenda. Because the benefits of educational investments are seen only in the future, it is possible to underestimate the value and the importance of improvements. This report uses recent economic modelling to relate cognitive…
Descriptors: Foreign Countries, Thinking Skills, Economic Progress, Relationship
Reconciling Post-Recession Strategies for Economic Growth with Higher Education's Current Fiscal Challenges: Part 1, New Realities
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Observatory on Borderless Higher Education, 2010
This week, the Organisation for Economic Cooperation and Development (OECD) is publishing the findings of new research undertaken to explore the relationship between educational spending and economic growth. The report, "The High Cost of Low Educational Performance--The Long-Run Economic Impact of Improving PISA Outcomes", employs recent…
Descriptors: Economic Progress, Higher Education, Economic Impact, Foreign Countries
Understanding the Relationships among PISA Scores, Economic Growth and Employment in Different Sectors: A Cross-Country Study
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Cheung, Hoi Yan; Chan, Alex W. H. – Research in Education, 2008
This study investigates the relationship between Program for International Student Assessment (PISA) scores in mathematics, science and reading and the employment rates in the following four economic activities: research and development, agriculture, industry, and service industries. Thirty-three countries were included in the study, and most…
Descriptors: Economic Progress, Research and Development, Females, Industry