Education / 11.10.2008

I met a person the other day; he had educated his servant’s daughter who was now a physician in Los Angeles. “If everyone did that,” he said, “we could take care of the problems of illiteracy and poverty in our country.” Right or wrong? Let us see how we can do a very rough back-of-the-envelope calculation to see if the proposition is realistic. Suppose the population of our South Asian country is 100. (Readers can multiply this by a scale factor to transform the hypothetical example into one that applies to their country. For example, if the population of Bangladesh is 150 million, the scale factor is 1.5 million. Relevant numbers in the example can be multiplied by this factor for the analysis to apply to Bangladesh.) On average, we know that in South Asia about 25 percent of the population is very poor (below the official poverty line)...