BOFIT Policy Brief 7/2016 Are educational reforms necessarily growth-enhancing? Weak institutions as the cause of policy failure
Ivan Lyubimov: Are educational reforms necessarily growth-enhancing? Weak institutions as the cause of policy failure
In this short paper, we emphasize the importance of reforms sequencing and discuss it in the context of potential educational and institutional reforms in
Russia. As weak institutions correspond to a more binding constraint on economic growth than a stagnant education system, we argue that an educational
policy is likely to be effective only if it takes place after broader institutional reform is implemented. Otherwise, even a properly implemented education reform
might fail to boost economic growth.
Read the policy brief on BOFIT website.
Tagit: Yhteiskunnalliset kysymykset