The Economic Case for Education in Vietnam
Education is central to the development of human capital. Vietnam has made significant progress. This paper reviews existing research on the returns to education and makes the case for investment in schooling. In Vietnam, the returns to schooling a...
| Main Authors: | , , |
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| Format: | Working Paper |
| Language: | English |
| Published: |
World Bank, Washington, DC
2018
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/115641545141262780/The-Economic-Case-for-Education-in-Vietnam http://hdl.handle.net/10986/31081 |
| Summary: | Education is central to the development
of human capital. Vietnam has made significant progress.
This paper reviews existing research on the returns to
education and makes the case for investment in schooling. In
Vietnam, the returns to schooling are 10 percent overall.
The returns to primary and secondary education have declined
over time and are lower than the regional average. The
returns to secondary education are low, but not much lower
than the regional average. The returns to tertiary education
are high, have increased considerably, and are about 20
percent. Therefore, investing in higher education makes
sense for the individual and her family. |
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