Countries:
India
Topics:
Economics, Education

Atanu Dey explains why liberalizing the education sector comes with many benefits. “The supply of educational services will increase, the quality will improve, and prices will come down. These are all everyday first-order efficiency effects of letting markets work. The second-order effects will be increased productivity, increased production, and better allocative efficiency within the sector. The third-order effects will arise from the increasing returns to scale associated with the production of education.”

Start the Conversation

Authors, please log in »

Guidelines

  • All comments are moderated. Do not submit your comment more than once or it may be identified as spam.
  • Please treat others with respect. Comments containing hate speech, obscenity, and personal attacks will not be approved.