UNIVERSAL AND COMPULSORY: WHAT HAS HAPPENED TO EDUCATION AND IS IT POSSIBLE TO RESTART THE MOTOR OF ECONOMIC GROWTH?
Over a historically long period, since the industrial revolution, the success of public education, the expansion of coverage, and the increase in the duration of learning have been markedly correlated with progress in the economy. However, in recent decades, the relationship between educational achievements and economic growth has been more and more difficult to detect. Public education was the dominant form of education in the majority of developed countries during the last hundred years. Therefore, we will try to find explanations for why nationalization did not damage success in education for a long time. What factors are behind the trend change? Finally, what can be done to ensure that education will again provide knowledge, and not just diplomas, will contribute significantly not only to personal careers but also to economic growth rates?