The new wealth of nations

Author / Creator

Bhalla, Surjit S., author

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Summary

The spread of education in non-Western countries, including increases in the number of college graduates (especially women), and radical changes in gender roles, have created competition globally a...

The spread of education in non-Western countries, including increases in the number of college graduates (especially women), and radical changes in gender roles, have created competition globally and lowered employment costs. This in turn lowers world inflation, and reduces levels of absolute poverty. Bhalla reminds us that education is the new wealth, and is, in fact, currently of a greater magnitude than financial wealth, and much more equally distributed. This has led to great strides in the developing world-- but there are downsides. Discover the changes that are emerging in the 21st century. -- adapted from jacket

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