Is preschool education the secret to a more prosperous region?

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Investing in preschool is actually more profitable than investing in the stock market. The estimated return (per dollar of cost) for high quality early childhood education is in excess of 10% (see link).  In comparison, over the last 20 years the stock market’s S&P 500 index had an average annual return of less than 7.8% per year (see link). Increasing public investment in preschool education can substantially benefit society at large and could help to address LAC’s long-term skills challenge and chronic income inequality. Poor children who fail to achieve their full academic potential are more likely to enter adulthood without the skills necessary to develop into highly productive members of society able to compete effectively in a more competitive global labor market.

 

viernes, 19 de septiembre de 2014/Author: Svante Persson/Number of views (11194)/Comments (0)/ Article rating: No rating
Etiquetas: Education

New Frontiers and Sectors for PPPs: The Case of Education


The terms “PPPs” (public-private partnerships) and “concessions” are no longer confined to transport, energy or other basic infrastructure projects. These models can also be applied to new sectors, such as the cultural or the health sector, education, or used for emerging issues public sector installations are facing such as energy efficiency. This message was clear from discussions at the Multilateral Investment Fund (MIF)’s 2013 PPPAmericas conference, which took place last month in Cartagena, Colombia. (Please visit www.PPPAmericas.org to access video archives of the conference sessions, and much more information about the event.)  In this post, I would like to focus on the case of education, an area that is of special importance for the development of the region.

lunes, 4 de marzo de 2013/Author: David Bloomgarden/Number of views (6659)/Comments (0)/ Article rating: No rating