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Jean Luc Demeulemeester & Claude Diebolt, Education and Growth:  What Links for Which Policy? [Abstract]

The relation between education and growth is not an easy topic. At the turn of the century a vague of skepticism reawaked due to empirical evidence concerning a weak link between education and growth in the developed countries. A new emerging literature on the political economy of educational reforms should help economists in the design of policies that are both optimal (conducive to growth) and politically acceptable.