Distortive effects of government intervention, especially in international trade, have received considerable attention. But not much literature exists on similar effects of public policies toward education. This paper provides a review of government intervention in education and its likely effects on economic growth and equity. Although governments may act with good intentions, educational policies often have adverse effects on social welfare. Less...
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详细
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1986/07/31
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日志文章
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REP398
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1
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1
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2010/07/12
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Disclosed
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Welfare effects of government intervention in education
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social rate of return