Vol. 4 No. 7 (2006): Latin American Journal of Economic Development No. 7
Economic growth responds to individuals' effort to achieve better living standards, which will depend on the possibilities and opportunities that they have to transform their efforts into achievements. In a society where social mobility is limited, the incentives that promote growth cease to operate, so it is necessary to rebuild the bridges for the achievement of a more dynamic social structure. The main instrument that a society has to achieve this goal is human capital; therefore, investment in education is the passport to development.
Published:
2006-10-01
