The purpose of this study is to introduce a new paradigm called “Smart Learning” in South Korea. The adoption of highly advanced Information Technology (IT) in education has been a global issue for many years. The Smart Learning paradigm in Korea is a convergence concept of uLearning and Social Learning. This study examined the Smart Learning education system through a SWOT analysis of Korean p...

In most democracies, the majority of education expenditures is financed by the government. In non-democracies, we observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality tend to rely more heavily on private schooling. We develop a theory which integrates private decision on education and fertility with voting on public educatio...

The paper studies the interaction between public and private spending in a two-stage education framework (K-12 and tertiary education) and their e¤ects on economic growth. We …nd that an increase in the overall educational public spending crowds out the total level of private contributions and increases the share of resources that households devote to K-12 education. For a given public budget, ...