Examines major determinants of economic development in South Korea and Taiwan. Investigates the role of human capital, measured by educational attainment, in driving output growth and enlarging the labor income share. Physical capital accumulation and export expansion affected output growth in both nations. Although technical progress…

Presents IV (instruments variables) estimates of returns to schooling for Honduran males by exploiting variation in schooling's availability at the time individuals were eligible to commence their education. IV estimates surpass ordinary least-squares estimates. Higher rate of return estimates are driven by greater schooling attainment and higher…

A fundamental worldwide trend of the past few decades has been the remarkable expansion of national systems of formal education. Two competing theories have been adduced to explain how this expansion affects patterns of equality of educational opportunity. The thesis of industrialization holds that educational expansion tends to increase equality…

This executive summary examines the rapid changes occurring in economic markets and employment around the world. The report concludes that problems of low incomes, poor working conditions, and insecurity affecting many of the world's workers can be tackled effectively in ways that reduce poverty and regional inequality. Sound domestic policy and a…

This report examines the outcomes of economic reform in Uganda and defines issues that Uganda must address in medium- and long-term strategies for poverty reduction. With a per capita income of approximately $220, Uganda is one of the poorest countries in the world. Its economy and social indicators bear the marks of nearly 15 years of political…