Education and Growth
Years of schooling alone do not effectively predict a country's growth rates; cognitive ability plays a significant role. International assessments, like the Pisa Test, reveal surprising disparities in student performance, particularly in European nations. Despite a belief in their educational superiority, countries like Germany have been taken aback by their students' results, sparking intense discussions about educational reform. Meanwhile, American students have historically lagged behind their peers in global assessments, particularly at the high school level.In this clip
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EconTalk
Eric Hanushek on Educational Quality and Economic Growth
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