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Mr. Greiner: Their focus on educational quality and productivity levels thanks to freer labor markets.
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Each year on April 25 the world recognizes World Malaria Day to call attention to the disease that kills nearly one million people each year and, negatively affects educational achievement, worker productivity, and economic development, and to mobilize action to combat it.
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For example, he showed how job applicants can use educational attainment as a signal to prospective employers about their likely productivity and how corporations can signal their profitability to investors by issuing dividends.
FORBES: 3. Asymmetric Information
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These educational reforms are crucial if Thailand is to attract the kind of foreign investment that boosts its productivity, rather than just extracting the country's resources and tapping its consumer markets.
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