1.3.1 As the text states, investment in human capital is an important ingredient for a nation’s economic growth. The data in the following table shows the net enrollment rates in primary school as a percentage of the relevant group for 10 developing countries in 1999 and 2013. Go to http://data.worldbank.org and look up per capita GDP for these 10 countries for 1999 and 2013. (Search for GDP per capita [current $US] data.) Calculate the percent changes in per capita GDP from 1999 to 2013 for these 10 countries. Do the changes in per capita GDP seem to correlate with the changes in enrollment rates? What besides increased enrollment may be responsible for the changes in per capita GDP?

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Net enrollment rate, primary school, percent of relevant group Country 1999 2013 Percent change Angola 54 86 Burkina Faso 35 67 Burundi 41 95 Chad 50 86 The Gambia 74 69 62 84 Liberia 47 38 Mali 47 64 59 91 132 72 -7 35 -19 36 Niger 27 63 Tanzania 49 83 133 69 Source: World Bank