A Dynamic Analysis of Education and Economic Growth
The paper focuses on Pakistan, which has over the years invested substantially to improve the educational attainment of the labor force and to raise productivity but yet still faces declining real output and slow economic growth. The study observes that this puzzle is attributable to labor market distortions, benefit captured syndrome, industrial dispute and job discontinuities as well as leakages in the Pakistani society such as brain drain, among others. The paper further suggests the improvement of the education system, appropriate pricing of teachers’ labor and prevention of industrial disputes in order to upgrade and internalize the contributions of educational capital to economic growth in Pakistan.
||Education, Educational Capital, Economic, Economic Growth
The International Journal of Environmental, Cultural, Economic and Social Sustainability, Volume 7, Issue 4, pp.327-348.
Article: Print (Spiral Bound).
Article: Electronic (PDF File; 1.171MB).
Assistant Professor, Educational Planning Policy Studies and Leadership, Allama Iqbal Open University, Islamabad, Pakistan
Dr. Syed Manzoor H. Shah is Ass. Professor in the EPPSL department, Faculty of Education, at Allama Iqbal Open University, Islamabad Pakistan. He carries 16 years of teaching and research experience. Dr. Shah possesses vast experience in educational planning, projectization, educational research, inservice teachers training progrms and micro teaching skills etc. He received his Doctrate Degree in Education (Educational Planning and Management)from AIOU Islamabad, Pakistan. Dr. Syed Manzoor H Shah has been working as Coordinator with NORAD, IMTEC, UNICEF and UNESCO in their different projects. He has also developed different training modules for the tutors, senior tutors and teachers students of these projects. Formulation of PC-I is nother area of his interest and has developed different PC-I for NORAD, UNICEF and Governement of Pakistan. He has authored several training mannuals for the inservice training of the primary school teachers in Pakistan. Presently he is also Coordinating a Project, “Curriculum Studies and Educational Assessment,” sponsored by H.E.C Pakistan.
M.Phil scholar, M.Phil Scholar, Applied Economic Research Centres Karachi, Karachi, Pakistan
Hina has Master’s degree in statistics from the University of Karachi along with an MAS degree from Applied Economic Reasearch Centre Karachi with core focus in econometrics. She is currently pursing an M.PHIL. She has more than four years of experience teaching statistic and actuarial science.
Faculty member PAF-KIET University, as above, Karachi, Pakistan
Naveed Wahid Awan has an MAS degree from Applied Economics Research centre, Karachi, along with a Master in Economics from Islamia University Bahawalpur, MA EPM from Allama Iqbal Open University, Islamabad. Naveed Wahid Awan has almost 20 years of teaching experience, and currently teaches in PAF-KIET University, Karachi and Allama Iqbal Open university, Regional Campus, Karachi as a visiting faculty member.
Ph D Scholar, Allama Iqbal Open University,Islamabad, Islamabad, Pakistan
Sajjad Ahmad Jillani has been working in different positions in Allama Iqbal Open University for the last 24 years. Presently he is working as Additional Director Regional Services. He has an M.Sc Geology from Peshawar University, M.A, M.Phil in eductional planning and management from Allama Iqbal Open University, Islamabad. Presently he is doing Ph D in EPM.
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