Knowledge Capital of Nations
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population.In this book Eric Hanushek and Ludger Woessmann make a…
Specifikacia Knowledge Capital of Nations
A rigorous, pathbreaking analysis demonstrating that a country's prosperity is directly related in the long run to the skills of its population.In this book Eric Hanushek and Ludger Woessmann make a simple, central claim, developed with rigorous theoretical and empirical support: knowledge is the key to a country's development. Of course, every country acknowledges the importance of developing human capital, but Hanushek and Woessmann argue that message has become distorted, with politicians and researchers concentrating not on valued skills but on proxies for them. The common focus is on school attainment, although time in school provides a very misleading picture of how skills enter into development. Hanushek and Woessmann contend that the cognitive skills of the population--which they term the "knowledge capital" of a nation--are essential to long-run prosperity.