Reducing the dropout rate of Mississippi's public education system from its national high of 42 percent of all students in any potential graduating class to the national average of 10 percent of the class cohort would result in substantial economic benefits to the state far outweighing the related costs, according to this analysis of relevant…

Economic policy today is often stated in the terms of "demand managers" and "simple supply-siders" who look upon economic policy simply as a matter of stimulus or restraint. It matters little what programs are cut as long as overall spending is reduced to cool inflation. On the other hand, the real supply-side economists…

The human capital concept of neoclassical economics holds that increased education will lead to increased productivity and to higher wages. Job queue and labor market segmentation theories argue that improved education merely drives up employment criteria and that the socioeconomic background of the employee is a more significant indicator of…

Because the traditional methods of adult literacy training frequently fail to achieve their objectives and because their implementation on a vast scale would be too costly, this UNESCO quide is presented as an aid in linking literacy campaigns to national development projects and the motivations for change which these might arouse among the rural…

The study determined the: (1) relationship between dropout rates and the quality of education, teachers' qualifications, diversity of curriculum and extra-curricular activities, average town income, percentage of the high school population of American Indian or Metis descent, and school size; (2) effects of educational expenditures on business…

Decision makers, policy makers, and influential special interest groups typically view many appropriations for programs that will help the poor, the handicapped, social deviants, etc. as mere expenditures and not as investment which produce substantial results. This paper sets forth several cases which illustrate that people can be an attractive…

The central purpose of the present study is to examine whether increases in the potential productivity and/or the credential-derived social attractiveness of ghetto workers are translated into higher quality employment. Under the untested assumption that the potential productivity of a worker living in the ghetto is positively correlated with the…

The use of a mathematical model supported by empirical findings had developed a method of cost effectiveness that can be used in evaluations between educational objectives and goals. Educational time allocation can be studied and developed into a micro-level economic theory of decision. Learning has been defined as increments which can be…

"Equipped for the Future" ("EFF") Standards have been developed to answer a complex question: What do adults need to know and be able to do in order to carry out their roles and responsibilities as workers, parents and family members, and citizens and community members? It is widely recognized that the demands of adult life changed dramatically in…

A combined outreach and research initiative addressed the participation of Native American business owners in electronic commerce. E-commerce can provide many benefits to producers and consumers but does not ensure unmitigated economic success. It is only one part of a development process leading to achievement of tribes' broader social goals,…

A review of human investment in education considers the pivotal human capital theory in relation to complementary, replacement, and opposing hypotheses and the interrelationship of workers, education, and workplace production. Analysis of definitions of human capital concludes that it is the marketable value of an individual that additional…

This report reviews progress in implementation of the World Bank's poverty reduction strategy during fiscal 1996-97. Chapter 1, "The World Bank's Poverty Reduction Strategy and Future Directions," outlines elements in the poverty reduction strategy: policies to promote broad-based labor-demanding growth and increase the productivity and…

According to U.S. Census statistics, for every step up in educational attainment, there is an increase in average income. The mean income for those with an associate's degree, $21,116 per year, is five percent more than a person with some college, and 40% more ($6,050), than a person with only a high school diploma or equivalent. The basic cost of…

Despite increased government investments in education, West Virginia continues to have one of the nation's highest high school dropout rates and is among the states with the highest unemployment rates. Human capital theory provides the conceptual basis for evaluating the relationship between investment in education and economic development. An…

Chile has an outstanding record in reducing poverty, having cut the poverty rate in half in the 11 years ended 1998. Poverty is a multi-dimensional concept, including both income and access to social services and education, as well as such intangibles as empowerment and social capital. This study presents a quantitative assessment of…