Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church

This paper provides estimates of the contribution of faith-based schools to human capital wealth using recent World Bank data. Wealth is the assets base that enables nations to generate future income. Estimates suggest that human capital wealth accounts for two thirds of global wealth, a much larger...

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Main Author: Wodon, Quentin
Format: Journal Article
Published: Taylor and Francis 2019
Subjects:
Online Access:http://hdl.handle.net/10986/32772
id okr-10986-32772
recordtype oai_dc
spelling okr-10986-327722021-05-25T10:54:37Z Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church Wodon, Quentin EDUCATION HUMAN CAPITAL WEALTH OF NATIONS CATHOLIC SCHOOLS PRIVATE SCHOOLS EDUCATIONAL ATTAINMENT RETURNS TO EDUCATION This paper provides estimates of the contribution of faith-based schools to human capital wealth using recent World Bank data. Wealth is the assets base that enables nations to generate future income. Estimates suggest that human capital wealth accounts for two thirds of global wealth, a much larger proportion than natural capital and produced capital. This paper’s analysis relies on an assessment of the share of human capital wealth attributed to educational attainment, and the share of contribution of Catholic schools to educational attainment. The analysis suggests that Catholic schools contribute at least US$ 12 trillion to the changing wealth of nations. 2019-12-04T19:45:58Z 2019-12-04T19:45:58Z 2019-11-25 Journal Article The Review of Faith & International Affairs 1557-0274 http://hdl.handle.net/10986/32772 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Taylor and Francis Publications & Research :: Journal Article Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic EDUCATION
HUMAN CAPITAL
WEALTH OF NATIONS
CATHOLIC SCHOOLS
PRIVATE SCHOOLS
EDUCATIONAL ATTAINMENT
RETURNS TO EDUCATION
spellingShingle EDUCATION
HUMAN CAPITAL
WEALTH OF NATIONS
CATHOLIC SCHOOLS
PRIVATE SCHOOLS
EDUCATIONAL ATTAINMENT
RETURNS TO EDUCATION
Wodon, Quentin
Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
description This paper provides estimates of the contribution of faith-based schools to human capital wealth using recent World Bank data. Wealth is the assets base that enables nations to generate future income. Estimates suggest that human capital wealth accounts for two thirds of global wealth, a much larger proportion than natural capital and produced capital. This paper’s analysis relies on an assessment of the share of human capital wealth attributed to educational attainment, and the share of contribution of Catholic schools to educational attainment. The analysis suggests that Catholic schools contribute at least US$ 12 trillion to the changing wealth of nations.
format Journal Article
author Wodon, Quentin
author_facet Wodon, Quentin
author_sort Wodon, Quentin
title Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
title_short Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
title_full Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
title_fullStr Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
title_full_unstemmed Measuring the Contribution of Faith-Based Schools to Human Capital Wealth : Estimates for the Catholic Church
title_sort measuring the contribution of faith-based schools to human capital wealth : estimates for the catholic church
publisher Taylor and Francis
publishDate 2019
url http://hdl.handle.net/10986/32772
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