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...

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Main Authors: Patrinos, Harry Anthony, Thang, Pham Vu, Thanh, Nguyen Duc
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/115641545141262780/The-Economic-Case-for-Education-in-Vietnam
http://hdl.handle.net/10986/31081
id okr-10986-31081
recordtype oai_dc
spelling okr-10986-310812022-09-19T12:16:23Z The Economic Case for Education in Vietnam Patrinos, Harry Anthony Thang, Pham Vu Thanh, Nguyen Duc TERTIARY EDUCATION RETURNS TO EDUCATION ECONOMICS OF EDUCATION SOCIAL RATE OF RETURN PRIMARY EDUCATION SECONDARY EDUCATION EDUCATION QUALITY WAGE GAP 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. 2018-12-28T16:01:54Z 2018-12-28T16:01:54Z 2018-12 Working Paper http://documents.worldbank.org/curated/en/115641545141262780/The-Economic-Case-for-Education-in-Vietnam http://hdl.handle.net/10986/31081 English Policy Research Working Paper;No. 8679 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic TERTIARY EDUCATION
RETURNS TO EDUCATION
ECONOMICS OF EDUCATION
SOCIAL RATE OF RETURN
PRIMARY EDUCATION
SECONDARY EDUCATION
EDUCATION QUALITY
WAGE GAP
spellingShingle TERTIARY EDUCATION
RETURNS TO EDUCATION
ECONOMICS OF EDUCATION
SOCIAL RATE OF RETURN
PRIMARY EDUCATION
SECONDARY EDUCATION
EDUCATION QUALITY
WAGE GAP
Patrinos, Harry Anthony
Thang, Pham Vu
Thanh, Nguyen Duc
The Economic Case for Education in Vietnam
geographic_facet East Asia and Pacific
Vietnam
relation Policy Research Working Paper;No. 8679
description 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.
format Working Paper
author Patrinos, Harry Anthony
Thang, Pham Vu
Thanh, Nguyen Duc
author_facet Patrinos, Harry Anthony
Thang, Pham Vu
Thanh, Nguyen Duc
author_sort Patrinos, Harry Anthony
title The Economic Case for Education in Vietnam
title_short The Economic Case for Education in Vietnam
title_full The Economic Case for Education in Vietnam
title_fullStr The Economic Case for Education in Vietnam
title_full_unstemmed The Economic Case for Education in Vietnam
title_sort economic case for education in vietnam
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/115641545141262780/The-Economic-Case-for-Education-in-Vietnam
http://hdl.handle.net/10986/31081
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