Orkodashvili, Mariam (2008): Investment in Human Capital: Vocational vs. Academic Education.
Download (280Kb) | Preview
The dilemma of providing effective education particularly in developing countries with limited resources and ambiguous calculations of rates of return due to unstable economies and labour market fluctuations makes it an absolute necessity to consider costs and benefits associated both with academic and vocational education.Through argumentation and scholarly literature analysis the paper brings together the benefits of academic education and emphasizes its multiple positive implications as opposed to secondary-school level vocational education that has a number of problematic issues to tackle. The argument further develops towards shifting vocational education from secondary-school level to on-the-job short-term technical trainings.The paper also brings arguments from scholarly literature that while rich developed countries can afford certain amount of vocationally oriented subjects incorporated into comprehensive secondary school curricula, the most optimal way for developing countries to find the solution to the problem would be to conduct vocational training courses at job places and adhere to general academic education in secondary schools.
|Item Type:||MPRA Paper|
|Original Title:||Investment in Human Capital: Vocational vs. Academic Education|
|Keywords:||human capital; rates of return to education; manpower forecasting; efficiency effects of curricula; equity effects of curricula; hybrid curricula.|
|Subjects:||D - Microeconomics > D6 - Welfare Economics > D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
A - General Economics and Teaching > A1 - General Economics > A13 - Relation of Economics to Social Values
I - Health, Education, and Welfare > I2 - Education and Research Insititutions > I21 - Analysis of Education
I - Health, Education, and Welfare > I2 - Education and Research Insititutions > I28 - Government Policy
|Depositing User:||Mariam Orkodashvili|
|Date Deposited:||03. Aug 2009 05:42|
|Last Modified:||12. Feb 2013 08:23|
Bacchus, K. (1988). The political context of the vocationalization of education in developing countries. In J. Lauglo & K. Lillis (ed.). Vocationalizing Secondary Education. An international perspective. London: Pergamon.
Bowman, M.J. (1988). Links between general and vocational education: Does the one enhance the other? International Review of Education, 34 (2).
Chapman, D. and Windham, D. (1985). Academic program failures and the vocational school ‘fallacy’: policy issues in secondary education in Somalia. International Journal of Education Development, 5 (4), pp. 269-81.
Foster, P. (1965). The vocational school fallacy in development planning. In C. Anderson and M. Bowman (Eds.). Education and economic development. Chicago: Aldine Publishing Company, pp. 142-166.
Franzt, J. N. R. (1997). The contribution of Booker T. Washington and WEB Dubois in the development of vocational education. Journal of Industrial Teacher Education 34, pp. 87-91.
Heyneman, S. P. (1985). Diversifying secondary school curricula in developing countries: An implementation history and some policy options. International Journal of Educational Development 5, pp. 283-288.
Heyneman, S. P. (1986). The nature of a ‘practical’ curriculum. Education with Production (East Africa), 4, 91-104.
Heyneman, S. P. (1987). Curriculum economics in secondary education: An emerging crisis in developing countries. UNESCO Prospects, 18, pp. 63-74.
Lauglo, J. and McLean, R. (Eds.) (2005). Vocationalization of secondary education revisited. Technical and Vocational Education and Training: Issues, Concerns and Prospects. New York: Springer.
Lauglo, J. (March 2008). Revisiting the Vocational School Fallacy. A tribute to Philip Foster. A paper presented to a meeting honouring the contribution of Philip Foster, at the annual conference of the Comparative and International Education Society, Teachers College, Columbia University, New York City, March 2008.
Middleton, J., Demsky, T. (1989). Vocational education and training. A Review of World Bank Investment. World Bank Discussion Papers. The World Bank, Washington, D.C.
Middleton, J., Ziderman, A., Adams, A. V. (1993). Skills for productivity: Vocational education and training in developing countries. Published for the World Bank: Oxford University Press.
Oketch, M. (2005). Book review of Vocationalisation of Secondary Education Revisited. Technical and Vocational Education and Training: Issues, Concerns and Prospects. New York: Springer.
Psacharopoulos, G. (1987). To vocationalize or not to vocationalize: That is the curriculum question. International Review of Education 33, pp. 187-211.
Schultz, T. W. (1971). Investment in human capital. In Ronald Wykstra (ed.) Education and the economics of human capital. New York: The Free Press, pp. 23-41.
Wharton, C. R., Jr. (1965). Education and agricultural growth. The role of education in early-stage agriculture. In C. Anderson and M. Bowman (Eds.). Education and economic development. Chicago: Aldine Publishing Company, pp. 202-228.
World Bank (1991). Vocational and technical education and training: A World Bank policy paper. Washington, D.C. , The World Bank.