Educational Inefficiency, Gender-based Wage Disparity and Inter-generational Inequity in the Social Security System
We focus on three issues associated with the development of the human capital of a nation: efficiency in the provision of education, wage discrimination between women and men workers, and social security pension fund.
Recent events in Thailand underscore the relevance of the article, School-based Management Framework and Education Efficiency by Jiradate Thasayaphan. The study found that school-based management can explain students achievement. The findings suggest that socio-economic and institutional factors drawn from the school-based management framework, in addition to higher budget allocation, are required to improve efficiency in providing education. TDRI in fact had found that the return on Thailands relatively high investment in education (around 4% of GDP, which was higher than Japan and Singapore but on a par with South Koreas) was low. This implies an inefficient use of the resources likely as a result of poor management and other factors...
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