ERIC Number: EJ1049888
Record Type: Journal
Publication Date: 2014
Reference Count: 15
Economic Growth, Productivity, and Public Education Funding: Is South Carolina a Death Spiral State?
Driscoll, Lisa G.; Knoeppel, Robert C.; Della Sala, Matthew R.; Watson, Jim R.
Educational Considerations, v41 n2 p27-32 Spr 2014
As a result of the Great Recession of 2007-2009, most states experienced declines in employment, consumer spending, and economic productivity (Alm, Buschman, and Sjoquist 2011). In turn, these events led to historic declines in state tax revenues (Mikesell and Mullins 2010; Boyd and Dadayan 2009), resulting in major cuts in public spending. Local governments, including school districts, have been severely impacted as well (Alm, Buschman, and Sjoquist 2011; Dadayan 2012), forcing them to decrease services, shed employees, or raise taxes. Recovery from the recession has been slow. For policymakers who seek not only to restore but also to improve their states' fiscal health, there exist differing schools of thought as to how best to achieve this goal. This article focuses on South Carolina and the application of two competing views of how to achieve greater economic growth and productivity, one that is more commonly referred to fiscal conservatism, or, in extreme cases, fiscal austerity, and a second that is grounded in maintaining a robust public K-12 public education system.
Descriptors: Productivity, Public Education, Economic Change, Economic Development, Economic Impact, Elementary Secondary Education, State Policy, Superintendents, Administrator Attitudes, Fiscal Capacity, Questionnaires, Semi Structured Interviews, Institutional Characteristics, Political Influences, State Legislation, Alignment (Education), Program Implementation, Educational Administration, Educational Finance, State Aid, Educational Improvement
Kansas State University, College of Education. 1100 Mid-Campus Drive, 006 Bluemont Hall, Manhattan, KS 66506. Tel: 785-532-5525; Fax: 785-532-7304; e-mail: email@example.com; Web site: http://coe.ksu.edu/EdConsiderations
Publication Type: Journal Articles; Reports - Evaluative
Education Level: Elementary Secondary Education
Authoring Institution: N/A
Identifiers - Location: South Carolina