Organization for Economic Co-Operation and Development This report uses recent economic modeling to relate cognitive skills — as measured by...
Organization for Economic Co-Operation and Development This report uses recent economic modeling to relate cognitive skills — as measured by PISA (Programme for International Student Assessment) and other international instruments — to economic growth. The relationship indicates that relatively small improvements in the skills of a nation’s labor force can have very large impacts on future well-being. Moreover, the gains, put in terms of current Gross Domestic Product (GDP), far outstrip the value of the short-run business-cycle management. Read More
