Artikel

For long-term economic development, only skills matter

Politicians typically focus on short-term economic issues; but, a nation’s long-term economic well-being is directly linked to its rate of economic growth. In turn, its growth rate is directly linked to the economically relevant skills of its population. Until recently, however, economists have found it hard to confirm this through empirical analysis because of difficulties in measuring the skills of different societies. International tests of mathematics and science achievement now offer reliable measures of a population’s relevant cognitive skills.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2017 ; Bonn: Institute for the Study of Labor (IZA)

Klassifikation
Wirtschaft
Education and Economic Development
Thema
growth
cognitive skills
knowledge capital
teacher quality
Sustainable Development Goals
schools

Ereignis
Geistige Schöpfung
(wer)
Hanushek, Eric
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2017

DOI
doi:10.15185/izawol.343
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Hanushek, Eric
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2017

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