Discussion question Essay Example | Topics and Well Written Essays - 500 words - 7

word question - Essay ExampleWhile this is true however, education does not necessarily translate into stinting harvesting of a republic, it is only a single factor to the various reasons for economic maturation.Education has approach a significant expansion in the last decades across the universe of discourse, with countries registering double-digit growth patterns. In the 1990s, the world, according to easterly (73), had 99 percent enrollment for primary education. Education investment has brought little or no furbish up in the world economy and especially for the countries themselves. Growth of military personnel capital in a country does not necessarily mean that their contribution to the growth of a country. If the argument that education brings growth to a country, fresh graduates should be entitled to higher salaries than experienced workers should. However, salary increment is based on the eld of experience, making this belief to be untrue. In fact, Easterner (77) is of the opinion that, the contribution of education growth and growth of a workers output is negligible, stating that in some African countries, this growth is actually negative. The rude Domestic Product per worker in is just a small percentage in most Eastern Europe and the Soviet Union countries.With time, the median growth rate of poor countries in the world has kept a declining trend overtime, indicating a poor education contribution to growth, yet education current a massive growth. Due to in direct effects of benignant capital, countries with higher initial human capital are likely to have a faster growth than those with low initial human capital.in case the level of human capital and physical capital are both high, there result be high returns on physical capital investment until there is a balance betwixt the two(76-77). In all nations worldwide, variations in the countrys growth have little contributions from variations in growth of the human capital, rising more seri ous concerns regarding initial schooling and