Theoretical and Applied Economics
No. 4 / 2020 (625), Winter
Impact of medium of instruction in education on economic growth and development
The Maharaja Sayajirao University of Baroda, Gujarat, India
Abstract. The main factors behind modern education system are, subjects taught from primary schools to universities. Information, theories, concepts, ideas, life stories – everything is western. Today it is known by English medium education. Someone rightly said that “If we want to destroy any people or nation without any blood transfusion and without zipping a bomb then it is necessary to separate the person from his religion, culture and language”.
Hence these three parameters (religion, culture and language) play a significant role in nation transformation but we will consider only one parameter in this paper i.e. language. To find out the effect of medium of instruction in education on social and economic aspects, the researcher will select all the countries having developed, developing and miserable economy of the world.
Further, this paper had discussed about the effect of English medium education in higher education on economic development. “Till date, as far as I know no study in economic growth has investigated the effect of English on growth either empirically or theoretically. A small number of studies have considered the importance of language for spillovers”. So, researcher is curious to know the spillover effect of English language on the economic development.
Contents
The European Union in the face of the prospect of achieving major objectives in the conditions of the pandemic and economic-financial crisis
What determines the portfolio investment flows to Central and Eastern European Countries in the European Union 2001-2017?
Analysis of the correlation between taxation indicators and economic growth at the macroeconomic level in European Union and Romania
Measuring Adobe Company performance from the perspective of a Complex Adaptive System
Welfare enhancing uncertainty
Business process modeling. Using Unified Modeling Language to streamline the design of the TO-BE system within a company
Static and dynamic analysis of intra-industry trade of BRICS countries
Fossil fuel consumption, economic growth and CO2 emissions. Causality evinced from the BRICS world
Methods used in risk financing
Is there a relationship between economic welfare and innovation performance? Evidence from selected European countries
Analyzing Romania GDP: Final consumption, gross investment, and net exports influence compared to previously published models
Analysis of the natural movement of the population under the spectrum of the health crisis
On the relationship between economic growth and government debt for Bulgaria. Test of the Reinhart-Rogoff hypothesis
Testifying the role of regulatory environment in trade facilitation: Impact on intra-regional trade in South-Asia
India and trade blocs: A gravity model analysis
Predicting the volatility in stock return of emerging economy: An empirical approach
Portfolio optimization with VaR approach: A comparative analysis for Japan, London, New York and India
Income-dependent impacts of financial development and human capital on economic growth. A non-stationary panel analysis
Monetary policy and exchange rate pass-through in India
Impact of medium of instruction in education on economic growth and development
Institutions and economic growth: A comparative analysis of developing and developed countries based on institutionalized social technologies index
Exports, imports and economic growth in India: An empirical analysis
BEPS – A challenge for the increasing budget revenues in the process of digitalization
Implementation of public policies. The compatibility of the model of public policy with the target space of the policy
Fiscal sustainability in Romania