How competitive schools make a competitive economy

Gabriel Heller Sahlgren, Research Director at the Centre for Market Reform of Education, and Affiliated Researcher at IFN writes about his own report: "The benefits of higher education quality are very large. My calculations suggest that if the UK had performed at the level of Taiwan in international tests since the mid-20th century, average annual per-capita GDP growth would have been about 0.8 percentage points higher in the period 1960-2007. This in turn means that our per-capita GDP would have been over £5,000 higher in 2007 than it was."