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Honig, Benson – 1993
This paper is concerned with the human capital theory of education as it is employed in designing, justifying, and funding African educational programs. According to this theory, where the most measurable and direct relationships between the world of work and that of school are purported to exist, those individuals who invest in education are…
Descriptors: Apprenticeships, Developing Nations, Education Work Relationship, Educational Theories
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McMahon, Walter W. – Economics of Education Review, 1987
Discusses the overall efficiency of investment in primary and secondary education and technology transfer via investment both in physical capital and higher education in 30 of the poorest African countries. A high (21.2 percent) rate of return to investment in primary and secondary education was found. Includes six tables and 20 references. (MLH)
Descriptors: Cost Effectiveness, Elementary Secondary Education, Foreign Countries, Higher Education