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Public lecture: The Knowledge Capital of Nations

June 7, 2016   Professor Ludger Woessmann, University of Munich, held a lecture on the importance of educational achievement for economic prosperity, policies fostering school accountability and autonomy, and the role of vocational education. Video from the lecture available now!

Annotation:

Is knowledge the centrepiece of economic growth? Are enormous differences in wealth, health and well-being across nations, developed and developing alike, driven by differences in educational achievement? Professor Woessmann addresses these questions in his recent thought-provoking book „The Knowledge Capital of Nations: Education and the Economics of Growth“ (coauthored with Prof. Eric A. Hanushek). Professors Woessmann and Hanushek, world experts on research with international test score and educational data, convincingly demonstrate that conventional measures of schooling miss a crucial part of how skills translate into development and make a powerful argument that learning and cognitive skills, after all, might be the key to long-run prosperity.