ISET Economist Blog

A blog about economics in the South Caucasus.

The "Over-Education" Trap

In recent years, many countries in Europe and the former Soviet Union have seen an explosion in university enrollment. During approximately 10 years (from 1999 until 2010) higher education enrollment increased by 64% in Central and Eastern Europe, 27% in Central Asia and South Caucasus, and 19% in Western Europe and North America (see UNESCO).     1999-2005 2005-2010 1999-2010 Low enrollment  level in 1999  (below 30$) Country ...
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Guest — RT
Very true. One should add high unemployment. With no job, youth would either head to streets or to colleges. So those with ambitio... Read More
Tuesday, 24 April 2012 6:06 PM
Guest — Salome
Yes, at some point I agree with you and dear RT. We have too look from another direction. High unemployment and economic crisis c... Read More
Tuesday, 24 April 2012 7:07 PM
Guest — Randy
While it is certainly true that there are some worthless programs in the region, these numbers need to be carefully analyzed befor... Read More
Thursday, 26 April 2012 11:11 PM
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Sex Ratio at Birth: is the South Caucasus Heading the Way of China?

This year, approximately 113 baby boys are born in China for every 100 baby girls; 112 boys per 100 girls in India, 111 in Vietnam. The looming social crisis stemming from the significant gender imbalance in the countries of East and Southeast Asia has been in the media spotlight for a long time. Unfortunately, the problem of gender imbalance is not confined to Asia. According to the UN database, between 2005 and 2010, Azerbaijan, Armenia and Georgia held second, third and fourth place in the world after China in gender imbalance statistics. The ratio o...
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Recent Comments
Guest — Maka
Thank you Yasya. This problem should be raised by different parts of the society. Your article as an economist’s view and suggeste... Read More
Wednesday, 30 November 2011 4:04 PM
Guest — moonshine
Could there not be a purely Darwinian (evolutionary) explanation for the phenomenon you are describing? I am definitely not an exp... Read More
Wednesday, 30 November 2011 8:08 PM
Guest — Yasya
Interesting theory! I have heard of the "returning soldier effect", although cannot say much about the exact biological causes.I a... Read More
Thursday, 01 December 2011 12:12 AM
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