Development Impacts of Globalization and Education: Evidence from the Asia-Pacific Countries

Authors

  • Pramila Neupane
  • Jeet Bahadur Sapkota

DOI:

https://doi.org/10.3126/ctbijis.v3i1.14088

Keywords:

Globalization, education, development, GDP per capita growth, Asia-Pacific region

Abstract

This article compares globalization, education and development indicators of high-growth and low-growth countries in terms of their GDP per capita in the Asia-Pacific region from 1970 to 2010. Although development is multifaceted, this study mostly considers growth alone as the measure of development. It finds that countries with high level of education at 1970 have achieved high-growth along with rapid globalization over time, and vice versa. Similarly, panel data analysis of selected countries shows that globalization and education significantly enhance the growth. However, despite high level of education and globalization, the Philippines has surprisingly low-growth, high poverty and inequality, which indicates that good policies and institutions should complement globalization and educational base for rapid development.

Crossing the Border: International Journal of Interdisciplinary Studies
Vol.3(1) 2015: 21-40

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Author Biographies

Pramila Neupane

Dr. Pramila Neupane is a Lecturer at the Foreign Language Center of University of Tsukuba, Japan. She holds Ph.D. in International Studies focusing educational development from Waseda University, Japan. Her research focuses on socioeconomic issues in education in developing countries.

Jeet Bahadur Sapkota

Dr. Jeet Bahadur Sapkota is an Assistant Professor at the Graduate School of Humanities and Social Sciences of University of Tsukuba, Japan. He holds Ph.D. in International Studies focusing economics development from Waseda University. His research interests revolve around globalization, human development and rural infrastructure.

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Published

2015-12-10

How to Cite

Neupane, P., & Sapkota, J. B. (2015). Development Impacts of Globalization and Education: Evidence from the Asia-Pacific Countries. Crossing the Border: International Journal of Interdisciplinary Studies, 3(1), 21–40. https://doi.org/10.3126/ctbijis.v3i1.14088

Issue

Vol. 3 No. 1 (2015)

Section

Articles