In this article, we investigate a positive tertiary education externality in 18 European countries. Using a simple Cobb-Douglas-type production function with constant returns to scale, we find that there are positive spillover effects from tertiary education in European countries. According to our model prediction, on average, 72,000 new employed…

Discusses the state of the Soviet economy during the period of perestroika. Includes the level of output, rate of inflation, privatization, and proposals for economic reform. Assesses the stabilization program and possibilities of restructuring. Concludes that neither Mikhail Gorbachev nor perestroika are likely to survive the trials of inflation,…

A study was conducted to examine the following questions: (1) How does the United States compare with Japan, West Germany, and Sweden on the basis of indicators of quality of life?; (2) How does the United States compare on the basis of economic performance since l960?; and (3) What appears to be the relationship in the four countries between the…

Rural development, the strengthening of market-oriented approaches to the economy, and the promotion of private industry in the countries of the Third World are among the stated priorities of West German development policy. A market-oriented approach to the economy contributes to a rise in the standard of living in the developing countries. In…

The United States' economic performance in the world economy is compared with that of Canada, France, Germany, Italy, Japan, and the United Kingdom (the Summit 7 countries). Competitiveness is assessed by four economic indicators: standard of living, trade, manufacturing productivity, and investment. The United States continues to outinvest the…

This handbook, one of a series designed to be useful to the military and others with an interest in foreign affairs, contains basic facts about the social, economic, political, and military institutions and practices of Cambodia. There are four major sections to the handbook. Section one describes the general character of the society and examines…

This book is about economic development, the process by which countries are improving the living conditions of their people. It is about interdependence and the efforts of people to move toward a better world. The six chapters are entitled: (1) "Inside Developing Countries"; (2) "Comparing Countries"; (3) "The Whys and Hows of Economic…

This teaching guide accompanies "The Environmental Data Book," published by the World Bank. Environmental and development statistics are presented for discussion and analysis. Indicators of environmental quality and economic development are defined with accompanying charts and maps. Activities accompany each lesson, along with a worksheet at the…