Book contents
- Frontmatter
- Contents
- Li Yining: Biographical Note
- Preface to the Cambridge Edition
- Preface
- Foreword
- 1 The role of education in economic growth (1980)
- 2 Effective and rational investment under socialism (1982)
- 3 Basic thoughts on economic restructuring (1986)
- 4 A tentative study of socialist ownership structure (1987)
- 5 Two types of disequilibrium and the mainstream of current economic restructuring (1988)
- 6 Relationship between economic reform, growth and industrial restructuring (1988)
- 7 Laying a solid foundation for new culture (1989)
- 8 Cultural economics: a tentative study (1990)
- 9 Environmental protection and compensation to victims of environmental damage (1990)
- 10 Coordinating economy and environment in less developed regions (1991)
- 11 Comparative economic history and the modernization of China (1993)
- 12 Growth and fluctuations in economic disequilibrium (1993)
- 13 Property rights reform of rural enterprises (1994)
- 14 Rationality and proportionality in income distribution (1994)
- 15 Meshing fiscal policy with monetary policy (1997)
- 16 The dual foundations of efficiency (1998)
- Glossary
- Index
1 - The role of education in economic growth (1980)
- Frontmatter
- Contents
- Li Yining: Biographical Note
- Preface to the Cambridge Edition
- Preface
- Foreword
- 1 The role of education in economic growth (1980)
- 2 Effective and rational investment under socialism (1982)
- 3 Basic thoughts on economic restructuring (1986)
- 4 A tentative study of socialist ownership structure (1987)
- 5 Two types of disequilibrium and the mainstream of current economic restructuring (1988)
- 6 Relationship between economic reform, growth and industrial restructuring (1988)
- 7 Laying a solid foundation for new culture (1989)
- 8 Cultural economics: a tentative study (1990)
- 9 Environmental protection and compensation to victims of environmental damage (1990)
- 10 Coordinating economy and environment in less developed regions (1991)
- 11 Comparative economic history and the modernization of China (1993)
- 12 Growth and fluctuations in economic disequilibrium (1993)
- 13 Property rights reform of rural enterprises (1994)
- 14 Rationality and proportionality in income distribution (1994)
- 15 Meshing fiscal policy with monetary policy (1997)
- 16 The dual foundations of efficiency (1998)
- Glossary
- Index
Summary
In my speech “Technology education and capitalist industrialization: a study of the rise of technological power in Western Europe and America,” I dwelled on the relationship between education and economic growth in light of economic history. What I was driving at was that education is a major recourse for nations to groom technological personnel, and that only by putting a premium on education and the cultivation of talents can less developed nations boost their economic growth rates and catch up with and surpass the developed countries. As I put it in that speech, the role of education in economic growth has five aspects:
“First, education provides society with a supply of researchers and designers who can venture into the unknown, innovating in science, renovating and transforming productive technology. Without such contingents, the best a nation can do is to tag along after other nations, but in that way you cannot score major breakthroughs in science and technology.
“Second, education provides society with engineers and technicians who can master and apply advanced means of production. Without such technocrats, even if a nation has acquired sophisticated tools of production, it cannot put them to best use.
“Third, education brings forth production and technology managers well adapted to society's level of industrialization. Without teams of such managers, the production process can be prone to colossal waste in human, material and financial resources, making it impossible to benefit from the superiority of advanced productive technology.
- Type
- Chapter
- Information
- Economic Reform and Development in China , pp. 1 - 30Publisher: Cambridge University PressPrint publication year: 2012