It is argued that while the value of education for wealth-creation is universally accepted, wealth can be defined as the supply of scientific knowledge, historical understanding, moral sophistication, and artistic subtlety as well as the steady supply of material goods. (MSE)

Now in improved financial circumstances, the Ford Foundation has begun a major review of all of its grant-making and program activities in this country and around the world, an effort usually undertaken during a period of retrenchment rather than of increased resources. (MSE)

An excerpt from "Corporate and Campus Cooperation: An Action Agenda" (a report from the Business-Higher Education Forum) explains some methods for strengthening the link between the business and education communities. (Author/MLW)

Discusses the role of deficit spending in the American economy during the last 50 years. Whether deficits are dangerous is still a matter of dispute among economists. But the deficit is so huge now that we must slash spending and raise taxes in order to encourage balanced economic growth. (CS)

The desire to learn among adults in Pakistan is there, but it needs to be stimulated. How this can be achieved is the subject of this article. (Author)

A practical and organized approach to economic development of a local community is proposed. Suggested data bank components are included. (MS)

The critical phase between the time of commitment and visible progress is reviewed and its chances of success scrutinized. Objectives and responsibilities involving government, business (industrial and agricultural), communities, conservation groups, and citizens for coordinated efforts are assessed. Included is the 1973 E Q Index examining all…

Uses economic analysis as a means to examine societal problems and investment in human capital as it relates to educational trends. (Author/RK)

Surveying the complexity of the regional problems of Latin America, the author emphasizes the need to include a spatial or regional planning component in national plans. (RY)

Hypotheses that link the relative advantage in ethnic enclaves to their economic structures are tested in a comparative analysis of Cuban and Black businesses in Miami, Florida. Businesses in the advantaged Cuban community were more interdependent and less dependent on majority industry than businesses in the less-advantaged Black enclaves.…

Argues for a major renovation in teaching about science, technology, and industry in the 1980s. This can be done through (1) a campaign to persuade others about the increased importance of training in industrial technology, and (2) renewed drive within the industrial arts ranks. (CT)

Argues that vocational education has unrealistically been considered a remedy for youth unemployment, a program for the academically less able, and a tool for economic development. Proposes finding socioeconomic solutions for those problems and improving vocational education by offering it outside formal schooling and encouraging private…

Surveys research on the role of schooling and human capital in fostering productivity and economic growth. Argues that the returns to human capital are extremely large, compared with returns to most types of physical capital. Urges increased grants by international donors for investment in primary schooling. Includes 18 notes. (MLH)

Uses large-scale survey data to analyze status of vocational training among firms in Taiwan. Vocational training in Taiwan, not widely practiced, needs to be strengthened. Factors relevant to training costs, such as labor turnover rates, and factors relevant to training benefits, such as concentration ratios, labor productivity (salary), and…

Discusses the economic situation in the non-Arab nations of Africa. Presents two opposing views of the efforts of the World Bank at adjusting the financial programs of governments of developing countries. Suggests that perhaps with cooperation the cycle of poverty and disease can be broken in Africa. (DK)