SOURCE: World Bank
ABSTRACT 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.DETAILS Author Patrinos, Harry Anthony; Thang, Pham Vu; Thanh, Nguyen Duc; Document Date 2018/12/18 08:54:00 Document Type Policy Research Working Paper Report Number WPS8679 Volume No 1 Total Volume(s) 1 Country Vietnam; Region East Asia and Pacific; Disclosure Date 2018/12/18 08:49:48 Disclosure Status Disclosed Doc Name The Economic Case for Education in Vietnam Keywords Higher Education; return to education; returns to schooling; Program for International Student; social rate of return; rate of return to investment; social return; private … Language English Topics Tertiary Education; Education; Returns to Education; Labor Markets; Economic Growth; Historic Topics Education; Social Protections and Labor; Rural Development; Industry; Macroeconomics and Economic Growth; Historic Sub TopicsTertiary Education; Educational Sciences; Economics of Education; Labor Markets; Rural Labor Markets; Economic Growth; Industrial Economics; Economic Theory & Research; Unit Owning Off of Sr VP Dev Econ/Chief Econ (DECVP) Series Name Policy Research working paper ; no. WPS 8679 Version Type Final DOWNLOADS COMPLETE REPORT IN ENGLISH Official version of document (may contain signatures, etc) Official PDF , 14 pages 0.77 mb http://documents.worldbank.org/curated/en/115641545141262780/pdf/WPS8679.pdf Total Downloads** : 376 TXT * http://documents.worldbank.org/curated/en/115641545141262780/text/WPS8679.txt *The text version is uncorrected OCR text and is included solely to benefit users with slow connectivity. **Download statistics measured since January 1st, 2014 CITATION Patrinos, Harry Anthony; Thang, Pham Vu; Thanh, Nguyen Duc. 2018. The Economic Case for Education in Vietnam (English). Policy Research working paper; no. WPS 8679. Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/115641545141262780/The-Economic-Case-for-Education-in-Vietnam
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