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What is Expected Years of Schooling

Handbook of Research on Creating Sustainable Value in the Global Economy
Expected years of schooling is a calculation of the number of years a child is expected to attend school, or university, including the years spent on repetition. It is the sum of the age-specific enrollment ratios for primary, secondary, post-secondary non-tertiary and tertiary education and is calculated assuming the prevailing patterns of age-specific enrollment rates were to stay the same throughout the child's life. Expected years of schooling is capped at 18 years. Eighteen is equivalent to achieving a master's degree in most countries.
Published in Chapter:
Quality of Life in the Republic of North Macedonia Seen Through the Human Development Indicators
Elizabeta Djambaska (Institute of Economics, University Ss. Cyril und Methodius in Skopje, Macedonia), Aleksandra Lozanoska (Institute of Economics, University Ss. Cyril und Methodius in Skopje, Macedonia), and Vladimir Petkovski (Institute of Economics, University Ss. Cyril und Methodius in Skopje, Macedonia)
DOI: 10.4018/978-1-7998-1196-1.ch025
Abstract
This chapter considers the trend of human development in the RNM, presented through the HDI. The special focus would be the links with the problem of poverty and inequality in the economy, regarding the data for the GINI, IHDI, GDI, poverty line, MPI, vulnerable employment, and youth unemployment. The research subject is the period from 2010 to 2017, using the secondary statistical data. Comparative analysis, with the countries from the CESEE countries, further improve the quality of the chapter. The RNM is a country with a high level of human development, and it is relatively equally distributed among the population. There is a difference in the distribution of the achievements of HD and an intermediate level of equality in the distribution between the genders. Income inequality expressed with the GINI index shows increase. The results confirm that there is no automatic link between the economic growth and human development. Income and gender inequality regress the quality of life in Macedonia. Growth in RNM in the past period has failed to produce the expected positive effects.
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