Canada weathered the global economic crisis well, mainly reflecting sustained growth in domestic pending, and the economy is continuing to grow despite the persistence of international turbulence, most recently stemming from the euro zone sovereign debt crisis. In Canada's case, several factors are acting in its favour. Federal fiscal plans are…

This study analyses the role and impact of higher education on per capita economic growth in the Former Soviet Bloc. It attempts to estimate the significance of educational levels for initiating substantial economic growth that now takes place in these two countries. This study estimates a system of linear and log-linear equations that account for…

Industrial policy is a highly controversial issue. The European Union (EU) justifies its industrial policy on the grounds of common problems across countries, its capacity to coordinate and reduce duplication of efforts, its capacity to control and limit member-state subsidies to industries, and its mandate for foreign trade and competition…

This paper will excavate pre-independence (British/Pakistan) and post-independence colonial education interventions into Buddhist culture and education with the view to expose the nature and shape of colonial domination and related Buddhist efforts at cultural and educational decolonization. This will be accomplished by (a) considering a brief…

The author devises a simple way of incorporating the financial sector into a growth model that is pedagogically useful. Financial innovation raises the efficiency of financial intermediation by increasing the variety of financial products and services, resulting in improved matching of the needs of individual savers with those of firms raising…

At a June 2007 forum, Vietnam's president and minister of education outlined an ambitious plan to overhaul their country's troubled educational system, while a panel of American academics and scientists highlighted the importance of higher education to Vietnam's rapidly growing economy and suggested potential models for reform. Two decades after…

Higher education in India has grown large since the country's independence in 1947. Starting from a small base, the pace of growth was initially rapid. Initially, the pace of growth was rapid. Enrollments grew by 13 to 14 percent per annum during the 1950s and 1960s. Over the past few decades, the growth rate has declined noticeably. Since then it…

The purpose of this report is to present and consider information related to whether the United States is losing its edge in science and technology (S&T). The report cites arguments made to support the contention of a creeping S&T crisis in the United States, contrasts the arguments with relevant data, and considers them from additional…

Curriculum reform in Hong Kong is one facet of a broad systemic reform variously explained in terms of addressing a changing sovereignty or more recently, of servicing Hong Kong's economic growth. One initiative supporting this curriculum reform entitled "Assessment for Learning" seeks to promote formative assessment. Three case studies,…

In 2006, the Chinese Ministry of Education sent presidents and party secretaries from its top-ranked universities to the University of Michigan (UM) to learn more about the leadership of research universities. Both the ministry and UM worked hard to make the visit productive, and both parties gained from it. A year later, with the support of the…

The global education agenda, embedded in the Education for All (EFA) Goals, and the Millennium Development Goals, has emphasised the importance of reaching EFA rather than sustaining this achievement. As a corollary, the emphasis for external aid has also been on increasing aid to secure EFA rather than on the dangers of aid dependency in securing…

When President Barack Obama took office, he pledged to revitalize an economy in the midst of the deepest recession in a generation. Working with Congress, he acted quickly to enact an $878 billion package to stimulate the economy in the American Recovery and Reinvestment Act (ARRA). More than $100 billion of that will be for education, spanning…

The Asia Barometer Survey of 2,000 respondents reveals that substantial majorities of the Chinese people experience feelings of happiness, enjoyment, and accomplishment. In fact, the proportion experiencing these indicators of a high quality of life are larger in China than in some more prosperous countries. Favorable historical comparison,…

Suitably qualified scientists and engineers are essential for research and development, innovation and, in turn, the growth of the economy. Science, engineering and technology skills are therefore necessary for Australia to remain competitive in a global market. This article reports findings from a nationwide study investigating the career…