The brand will supply educational tools on high watchmaking topics, such as the prestigious Hallmark of Geneva, founded in 1887.

FORBES: Vacheron Constantin To Help Train Future U.S. Watchmakers

Many interesting observations follow on from this central thesis, notably that the ability of the educational system to supply workers educated to meet the needs of the economy, and yet keep pushing it forward, increased economic equality.

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"It's important to maintain a supply of educational psychologists and it's going to be in the interest of authorities to make that investment, " said Mr Inett.

BBC: NEWS | UK | Education | 'Too few' school psychologists

What they found: countries with higher income, higher educational attainment, greater openness, more complete financial systems, better developed supply chains and decentralized governments experience fewer losses in the long run.

FORBES: What's Next For Japan: The Short and Long Term