Sunday, March 10, 2013

Educating civil servants pays

Using the CVs of 131,877 of civil servants from 178 countries who applied to the IMF for training between 1981 and 2011, Rabah Arezki and Marc Quintyn("Degrees of Development" in Finance & Development, March 2013, Vol. 50, No. 1) are able to show that the better the level of education of a country's civil servants the better a country’s economic performance. Development is education; education is development.

Book: Exercise 10.3, p. 122.


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