tailieunhanh - Education and Economic Growth: From the 19th to the 21st Century

Against this backdrop, and assuming that policy actions at the European and Member-State level will continue to rein in the sovereign-debt crisis, thus allowing an easing of financing conditions and a return of confidence, the EU economy is expected to stabilise at the turn of the year and to embark on a moderate recovery path thereafter. With strong internal headwinds holding back domestic demand, net exports are likely to remain the most important growth driver next year. Although external demand is projected to increase only gradually, coinciding with a gentle reacceleration in global trade, export. | Education and Economic Growth CISCO Contacts Charles Fadel Global Lead Education Cisco Systems cfadel@ Riel Miller Principal xperidox futures consulting rielm@ By Riel Miller commissioned by Cisco Systems Inc. Education and Economic Growth From the 19th to the 21st Century Executive Summary The research summarized in this article shows that schooling is necessary for industrial development. The form of schooling that emerged in the 19th century generates specific cognitive behavioral and social knowledge that are critical ingredients for the way industrial societies organize production and consumption daily life in cities and nations the size and fitness of the population for work the creation and use of knowledge. Therefore it is documented that Schooling is a necessary but not sufficient condition for the spectacular feats of industrial development in the 20th century. The intricacy of the relationship between schooling and the industrial form of economic growth is confirmed by the technical economics literature. Economists have demonstrated that both individuals and societies gain from the investments made in schooling. That education is an essential ingredient of prosperity is at once obvious and contentious. Obvious because any person able to read this text knows what a difference it makes in their lives to have gone to school to have learned to read write and calculate. Contentious because when social scientists try to prove that education is a cause of economic growth it turns out to be quite difficult to decide which came first the chicken or the egg. What is more even the basic terms such as what is education and what is prosperity become vast and cloudy terrains for the technical experts like economists sociologists education specialists and policy analysts. This article offers one way of arriving at a single overarching generalization about the relationship between education defined as the classroom school .