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Planning Investment in Education: Some Problems and Strategies

  • Muhammad Shamsul Huq
Part of the International Economic Association Series book series (IEA)

Abstract

Some unresolved problems in planning for national development that continue to plague the newly emergent countries centre around the issue of investment in education. Crucial among these problems which rightly seem to agitate the mind of the planner are:
  1. (1)

    What is the most appropriate level of investment in education in the application of the available resources to national development?

     
  2. (2)

    How can this investment be best distributed among the various types and levels of education so as to achieve the desired balance between the supply of and demand for educated and trained manpower?

     
  3. (3)

    How can the mechanism for the conversion of the educational ‘input’ into ‘output’ be so streamlined as to maximise its productivity, both in quantity and quality?

     

Keywords

Primary Education National Development Advanced Country Human Resource Development Educational Development 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    A. F. A. Hussain, Financing Education in Pakistan, a paper prepared for the National Education Seminar (Ministry of Education, Islamabad, 1969).Google Scholar
  2. 1.
    Frederick Harbison and Charles A. Myers. Education, Manpower and Economic Growth (McGraw-Hill, New York, 1964) pp. 45–8.Google Scholar
  3. 1.
    John K. Galbraith, Economic Development in Perspective (Harvard University Press, Cambridge, Mass., 1962) p. 37.Google Scholar
  4. 1.
    Stanislav Strumilin, ‘The Economic Significance of National Education’, in The Economics of Education, ed. E. A. G. Robinson and J. E. Vaizey for International Economic Association (London, Macmillan, 1966).Google Scholar
  5. 1.
    Frederick Harbison, ‘Education for Development’, Scientific American, CCIX (1963) 144.Google Scholar
  6. 1.
    Muhammad Shamsul Huq, Education and Development Strategy in South and South East Asia (East-West Center Press, Honolulu, 1965) pp. 116–18.Google Scholar
  7. 1.
    R. Jacobs, G. C. Weigand and F. G. Macomber, Developing Institutional Resources to Assist with Educational Planning, with Particular Focus upon the Interdisciplinary Team Approach to Educational Planning (Southern Illinois University Press, Carbondale, Ill., 1963) p. 85.Google Scholar

Copyright information

© International Economic Association 1970

Authors and Affiliations

  • Muhammad Shamsul Huq
    • 1
  1. 1.University of RajshahiEast Pakistan

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