Education does not benefit only its recipients; it has a profound impact on national economic outcomes. Poor educational performance may be a determining factor in the inability of Latin American countries to rise from middle- to high-income status over the last 50 years. Likewise, education could explain why Singapore, South Korea, and Taiwan attained high-income status, while countries like Thailand, the Philippines, and Malaysia cannot complete the middle-income transition. Policymakers, economists, educators, and business leaders debate and advance innovative ideas about educational practice and policy.
How to Quench the American West’s Thirst
Jeffrey Frankel
argues that eliminating water subsidies and implementing market pricing is better than the alternative.
