Even Poor Countries Can Excel in Education | Co.Design(fastcodesign.com)
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Even Poor Countries Can Excel in Education | Co.Design
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2 comments
While there would seem to be some lower bound under which it would not be possible for a country to have any education at all, it would seem there is some upper bound beyond which it can afford a bureaucracy - and as such, poor countries actually have an advantage which makes up for the lower budgets.
Great point---Though there's also a way in which education gets tougher as your economy evolves. Educating kids to love computer science and engineering is obvs a lot harder than getting kids in school to learn basic literacy.
The productivity jumps that result from the latter are huge--but wondering if it's larger than the former? Might be there there's no increasing returns to scale as costs rise--even if the end benefits are vast.
The productivity jumps that result from the latter are huge--but wondering if it's larger than the former? Might be there there's no increasing returns to scale as costs rise--even if the end benefits are vast.
Everyone assumes this to be true, but I've seen very little hard evidence that this is the case.