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Submitted by Peter on
This reminds me of a paper " Education and Employment in Developing Countries" by Edgar Edwards and Michael Todaro where they argue that investment in education is an investment in idle human resources. The paper must be like 30 years but is more relevant now where they challenge the notion that investment in education in abundance beyond literacy is an unmitigated social good and an engine to development. This is because of the growing open unemployment in developing countries yet the education levels are growing. Most donor agencies together with the government make the mistake that as long as there is demand for education, then it justifies them putting more universities and tertiary institutions. The problem is that after some extent education at some level does not necessary increase productivity!