Tag: Social benefits
Education externalities are social or public benefits from the education of each individual that benefit others in the society in both current and future generations. Titled Social and External Benefits of Education, chapter 6 of the publication, International Handbook on the Economics of Education, explores the non-market private or the non- market externality benefits of education that… Read more
This review explores the importance of higher education as a driver of economic competitiveness in both industralised and developing countries. As pointed out by the Organisation for Economic Co-operation and Development in 2008, tertiary education contributes to the formation of human capital, the building of knowledge bases, the dissemination and use of knowledge, and the… Read more