Lack of Education

Orazem, Peter

Solutions for the World's Biggest Problems: Costs and Benefits, Cambridge, (2007) (Originally published as WP #06029, January 2007)

This paper reviews the stylized facts regarding the distribution of human capital investments and the returns to those investments in developing countries. It then examines recent evidence regarding which policies can induce increased human capital investments in the most efficient manner, using estimated benefits and costs as a guide.