Tuesday, June 19, 2012

Education, a key to development or to emigration?

Education is increasingly regarded as the key to expanding wealth in the Third World. In countries like Haiti, which specialize in non-mechanized production - in technological dead-ends - raising the level of education of the population will not help to increase the level of wealth in the population. In such countries the demand for educated personnel is minimal. Education is more likely to increase the propensity to emigrate. 
A strategy based on education succeeds only when combined with an industrial policy that also provides work for educated people, as happened in East Asia. 
-- "How Rich Countries Got Rich" by Erik S. Reinert p. 114


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