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Breton, Theodore R. – Education Economics, 2010
This paper uses a new data-set for cumulative national investment in formal schooling and a new instrument for schooling to estimate the national return on investment in 61 countries. These estimates are combined with data on the private rate of return on investment in schooling to estimate the external rate of return. In 1990 the external rate of…
Descriptors: Income, Educational Benefits, Outcomes of Education, Educational Assessment
Papoutsaki, Evangelia; Rooney, Dick – Higher Education Research and Development, 2006
This paper explores the Westernization of academic quality within the Papua New Guinea higher education system and the hybridity of the university sector where different actors force knowledge to be created for the needs of a small, formal economy, rather than for the development needs of the country. The country has yet to find a system that best…
Descriptors: Foreign Countries, Educational Needs, Economic Progress, Higher Education