Re-thinking education: Alternative policy lessons | VOX, CEPR’s Policy Portal

Re-thinking education: Alternative policy lessons | VOX, CEPR’s Policy Portal

Education is considered to be of key importance to economic growth, jobs, and development. This column argues that higher education is not a deterministic factor driving economic performance in itself. Rather it is the skills acquired through education that drive economic development. Policymakers should take into account a range of different indicators to make a proper judgement about where education is heading and how to improve it.