GHD Professors Top World Bank List of Research Downloads, Explore the Economics of Education


Global Human Development Professors George Psacharopoulos and Harry Anthony Patrinos have authored papers that are among the top five most downloaded on the World Bank's Policy Research Working Paper Series.

Topping the list, with nearly 6,000 total downloads, is a paper co-authored by both Professor Psacharopoulos and Professor Patrinos entitled "Returns to Investment in Education: A Further Update," published in 2002. Ranking fourth on the list is a paper published by Professor Psacharopoulos in 1994 entitled "Returns to Investment in Education: A Global Update".

Both papers explore the relationship between the investment that developing countries make into various levels of education and the returns that newly educated people have on economic growth. Among the conclusions reached are the importance of primary education, the gender gap with respect to economic returns on schooling, and that the academic secondary school curriculum is a better investment than the technical/vocational tract.

George Psacharopoulos is known world-wide for his contributions to the development of the economics of education. After receiving his MA and PhD in economics from the University of Chicago, Psacharopoulos taught at the Universities of Hawaii and Chicago and at the London School of Economics before moving to the World Bank, where he has been Senior Advisor to the Vice President of Human Capital and Operations Policy, Chief of the Human Resources Division and Chief of the Education Research Division, among other roles.

Harry Anthony Patrinos is Lead Education Economist at the World Bank. He specializes in all areas of education, especially school-based management, demand-side financing and public-private partnerships. He managed education lending operations and analytical work programs in Argentina, Colombia and Mexico, as well as a regional research project on the socioeconomic status of Latin America’s Indigenous Peoples. Dr. Patrinos has many publications in the academic and policy literature, with more than 40 journal articles. He has also worked in Africa, Asia, Europe, the Middle East and North America. He previously worked as an economist at the Economic Council of Canada. Mr. Patrinos received a doctorate from the University of Sussex.