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Social and Behavioral Sciences Commons

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Education

Business

1973

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

The Allocation Of Resources To Education In Less Developed Countries, Gary S. Fields Apr 1973

The Allocation Of Resources To Education In Less Developed Countries, Gary S. Fields

Articles and Chapters

[Excerpt] In the last few years, many less developed countries have suddenly and apparently to their surprise found themselves with too many (relative to the absorptive capacity of their economies) rather than too few workers with intermediate educational attainments. Yet, even as surpluses of educated workers grow larger and larger, the school systems continue to expand and the people continue to demand education. Elsewhere, we have sought to understand the persistence of a high demand for education in countries characterized by a substantial surplus of educated labor. In this paper, we construct a political model of the allocation of resources ...


Toward A Model Of Education And Labor Markets In Labor Surplus Economies, Gary S. Fields Jan 1973

Toward A Model Of Education And Labor Markets In Labor Surplus Economies, Gary S. Fields

Articles and Chapters

[Excerpt] This model is intended to describe the essential relationships between the demand for and supply of education and the demand for and supply of educated workers. The terms "education" and "training" will be used interchangeably throughout, since the proposed model is a general one designed to apply both to traditional education and to specialized training for such occupations as agricultural and veterinary workers, teachers, the skilled trades, and the like. The terms "educated," "trained," and "skilled" will also be used synonymously.

If the model is to be meaningful, it must possess two basic characteristics. First, it must be consistent ...