Education ForumEducation and Development

Knowledge capital, growth, and the East Asian miracle

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Science  22 Jan 2016:
Vol. 351, Issue 6271, pp. 344-345
DOI: 10.1126/science.aad7796

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  • Systemic approach for development' science

    In the article “Knowledge capital, growth, and the East Asian miracle” (1), the authors focused their attention merely on the role of human capital (education’ quality) for economic growth in developing countries, while Scientific method for economic growth’ study is based on the multiple drivers’ analysis.

    Data presented by graphs bring some confusion for the main conclusion in the article. According to the given graphs, many countries in both analyzed regions (Latin America and East Asia) have very different growth rate for the same quality of education (measured by the test score). For instance, Thailand (4,5% growth) versus Japan (2,2% growth) for the same test score (1,7). And countries with different quality of education have equal growth rate. For instance, Mexico with a low test score (0,75) has the same growth rate as Japan with a high test score (1,7).

    Therefore, the presented graphs confirm that the quality of education alone cannot explain all variations in economic growth rate in developing countries.

    The highly respectful literature proves that institutions, investments, innovations (advanced technologies) are principal for economic progress (2,3). But these important drivers of economic growth have been missed completely in the article.

    Also, the East Asian economic Miracle has very high impact on the environmental and human well-being. Methodologically sound the environmental performance index (4) and life satisfaction (happ...

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    Competing Interests: None declared.

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