Authors:

  • Robert Barro

Excerpt

Education and Economic Growth. Robert Barro, 2013, Paper. "Since the late 1980s, much of the attention of macroeconomists has focused on long-term issues, notably the effects of government policies on the long-term rate of economic growth. This emphasis reflects the recognition that the difference between prosperity and poverty for a country depends on how fast it grows over the long term. Although standard macroeconomic policies are important for growth, other aspects of "policy" – broadly interpreted to encompass all government activities that matter for economic performance..." Link Verified October 12, 2014