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The Role of Higher Education Institutions: Recruitment of Elites and Economic Growth

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  • Elise S. Brezis
  • François Crouzet

Abstract

The aim of this paper is to examine the evolution of recruitment of elites and to investigate the nature of the links between recruitment of elites and economic growth. The main change that occurred in the way the Western world trained its elites is that meritocracy became the basis for their recruitment. Although meritocratic selection should result in the best being chosen, we show that meritocratic recruitment actually leads to class stratification and auto-recruitment. We analyze the consequences of stratification resulting from meritocratic selection for the development of a country, and show that these consequences are dependent upon the type of technological changes occurring in the country.

Suggested Citation

  • Elise S. Brezis & François Crouzet, 2004. "The Role of Higher Education Institutions: Recruitment of Elites and Economic Growth," CESifo Working Paper Series 1360, CESifo.
    • Handle: RePEc:ces:ceswps:_1360
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    References listed on IDEAS

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    1. Galor, Oded & Tsiddon, Daniel, 1997. "Technological Progress, Mobility, and Economic Growth," American Economic Review, American Economic Association, vol. 87(3), pages 363-382, June.
    2. Temin, Peter, 1999. "The Stability of the American Business Elite," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 8(2), pages 189-209, June.
    3. Neal, Derek A & Johnson, William R, 1996. "The Role of Premarket Factors in Black-White Wage Differences," Journal of Political Economy, University of Chicago Press, vol. 104(5), pages 869-895, October.
    4. William Miller, 1950. "The Recruitment of the American Business Elite," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 64(2), pages 242-253.
    5. Miller, William, 1949. "American Historians and the Business Elite," The Journal of Economic History, Cambridge University Press, vol. 9(2), pages 184-208, November.
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    Cited by:

    1. Fogarty, Timothy J. & Jonas, Gregory A., 2010. "The hand that rocks the cradle: Disciplinary socialization at the American Accounting Association's Doctoral Consortium," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 21(4), pages 303-317.
    2. Brezis, Elise S., 2008. "Is Privatization Necessary to achieve Quality of Universities?," MPRA Paper 12485, University Library of Munich, Germany.
    3. Elise S. Brezis, 2012. "Ranking and Quality of Universities: Why are US Universities at the top of the International Rankings?," Working Papers 2012-05, Bar-Ilan University, Department of Economics.
    4. Brezis, Elise S., 2010. "Globalization and the Emergence of a Transnational Oligarchy," WIDER Working Paper Series 005, World Institute for Development Economic Research (UNU-WIDER).

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    Keywords

    economic growth; education; elites; meritocracy; recruitment; social mobility; stratification;
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