3 ms·

Singapore.

• jbee 14y ago
  Not to discount the benefit of education in promoting economic growth –especially in developing countries, but I don’t think you can say it is the driving force. There are so many other factors. Particularly for Singapore, its economic growth is probably better attributed to very low tax rates attracting overseas business and investment, low cost foreign workers to exploit due to little to no labour laws, and (unlike most of south-east Asia) extremely low crime and corruption. But I’m not an economist.
• riffraff 14y ago
  this is an example rather than a reference. (Is it? when did singapore start to invest a lot on education? WolframAlpha believes that the country had high growth since 1965[0], which would be the year of the independence) I was more looking to something like books, articles, researches that would explain how _investments in education_ in eastern countries have been the most effective on growth, rather than everything else. Or the opposite, say, the last 20 years of low growth in japan are due to disinvestments in education. [0] http://www.wolframalpha.com/input/?i=singapore+gdp+growth+rate+1900-2012 http://www.wolframalpha.com/input/?i=singapore+gdp+growth+ra...