Quality Education Counts for Skills and Growth
The quality and relevance of education are paramount to achieve economic growth. International research shows that the subject matter learned and skillset developed in the classroom is the foundation for future success in the work place, and serves...
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| Format: | Brief |
| Language: | English en_US |
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World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2013/06/17893756/quality-education-counts-skills-growth http://hdl.handle.net/10986/23695 |
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okr-10986-236952021-04-23T14:04:16Z Quality Education Counts for Skills and Growth World Bank ACADEMIC COURSES ADULT POPULATION ADULTS AVERAGE EDUCATIONAL ATTAINMENT BASIC SKILLS CLASSROOM COGNITIVE ACHIEVEMENT CRITICAL THINKING CURRICULUM EARLY CHILDHOOD EARLY CHILDHOOD DEVELOPMENT EARLY CHILDHOOD EDUCATION ECONOMIC GROWTH EDUCATION COMMUNITY EDUCATION EXPENDITURE EDUCATION QUALITY EDUCATION SECTOR EDUCATION STRATEGY EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL DECISIONS FORMAL EDUCATION FORMAL EDUCATION SYSTEM HIGHER EDUCATION HUMAN CAPITAL INTERNATIONAL EDUCATION INTERVENTIONS KNOWLEDGE SHARING LABOR MARKET LEARNING LEARNING OPPORTUNITIES LEGAL STATUS LEVEL OF EDUCATION LITERACY LOW-INCOME COUNTRIES MATHEMATICS MIGRATION NUMERACY OCCUPATIONS POLICY DIALOGUE POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY SCHOOL PROBLEM SOLVING PROGRESS QUALIFIED TEACHERS QUALITY EDUCATION QUALITY OF EDUCATION READING SCHOOL GRADUATES SCHOOL LEAVERS SCHOOL MANAGEMENT SCHOOLS SCIENCE TEACHERS SECONDARY EDUCATION SECONDARY SCHOOL SKILL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL SKILLS STANDARDIZED TESTS SUBJECT AREAS TEACHERS TEACHING TERTIARY EDUCATION TEST SCORES UNEMPLOYMENT UNIVERSAL ENROLLMENT VIRGIN WORKFORCE YOUTH YOUTH DEVELOPMENT The quality and relevance of education are paramount to achieve economic growth. International research shows that the subject matter learned and skillset developed in the classroom is the foundation for future success in the work place, and serves as a superior predictor of economic growth compared with the number of years of school. One recent study, using a database of comparable test scores for over 50 countries, finds that a single standard deviation difference in tests scores between countries equates to roughly 2 percentage points in annual long-term Gross Domestic Product (GDP) growth. These findings hold true across high-income, middle-income, and low-income countries and all geographical regions. Despite significant investments in formal education, economic growth in the region has slowed in recent years and there is a need for improved labor productivity. 2016-01-29T18:05:27Z 2016-01-29T18:05:27Z 2013-06 Brief http://documents.worldbank.org/curated/en/2013/06/17893756/quality-education-counts-skills-growth http://hdl.handle.net/10986/23695 English en_US Caribbean Knowledge Series; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Brief Latin America & Caribbean |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
ACADEMIC COURSES ADULT POPULATION ADULTS AVERAGE EDUCATIONAL ATTAINMENT BASIC SKILLS CLASSROOM COGNITIVE ACHIEVEMENT CRITICAL THINKING CURRICULUM EARLY CHILDHOOD EARLY CHILDHOOD DEVELOPMENT EARLY CHILDHOOD EDUCATION ECONOMIC GROWTH EDUCATION COMMUNITY EDUCATION EXPENDITURE EDUCATION QUALITY EDUCATION SECTOR EDUCATION STRATEGY EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL DECISIONS FORMAL EDUCATION FORMAL EDUCATION SYSTEM HIGHER EDUCATION HUMAN CAPITAL INTERNATIONAL EDUCATION INTERVENTIONS KNOWLEDGE SHARING LABOR MARKET LEARNING LEARNING OPPORTUNITIES LEGAL STATUS LEVEL OF EDUCATION LITERACY LOW-INCOME COUNTRIES MATHEMATICS MIGRATION NUMERACY OCCUPATIONS POLICY DIALOGUE POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY SCHOOL PROBLEM SOLVING PROGRESS QUALIFIED TEACHERS QUALITY EDUCATION QUALITY OF EDUCATION READING SCHOOL GRADUATES SCHOOL LEAVERS SCHOOL MANAGEMENT SCHOOLS SCIENCE TEACHERS SECONDARY EDUCATION SECONDARY SCHOOL SKILL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL SKILLS STANDARDIZED TESTS SUBJECT AREAS TEACHERS TEACHING TERTIARY EDUCATION TEST SCORES UNEMPLOYMENT UNIVERSAL ENROLLMENT VIRGIN WORKFORCE YOUTH YOUTH DEVELOPMENT |
| spellingShingle |
ACADEMIC COURSES ADULT POPULATION ADULTS AVERAGE EDUCATIONAL ATTAINMENT BASIC SKILLS CLASSROOM COGNITIVE ACHIEVEMENT CRITICAL THINKING CURRICULUM EARLY CHILDHOOD EARLY CHILDHOOD DEVELOPMENT EARLY CHILDHOOD EDUCATION ECONOMIC GROWTH EDUCATION COMMUNITY EDUCATION EXPENDITURE EDUCATION QUALITY EDUCATION SECTOR EDUCATION STRATEGY EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL DECISIONS FORMAL EDUCATION FORMAL EDUCATION SYSTEM HIGHER EDUCATION HUMAN CAPITAL INTERNATIONAL EDUCATION INTERVENTIONS KNOWLEDGE SHARING LABOR MARKET LEARNING LEARNING OPPORTUNITIES LEGAL STATUS LEVEL OF EDUCATION LITERACY LOW-INCOME COUNTRIES MATHEMATICS MIGRATION NUMERACY OCCUPATIONS POLICY DIALOGUE POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER PRIMARY SCHOOL PROBLEM SOLVING PROGRESS QUALIFIED TEACHERS QUALITY EDUCATION QUALITY OF EDUCATION READING SCHOOL GRADUATES SCHOOL LEAVERS SCHOOL MANAGEMENT SCHOOLS SCIENCE TEACHERS SECONDARY EDUCATION SECONDARY SCHOOL SKILL DEVELOPMENT SOCIAL DEVELOPMENT SOCIAL SKILLS STANDARDIZED TESTS SUBJECT AREAS TEACHERS TEACHING TERTIARY EDUCATION TEST SCORES UNEMPLOYMENT UNIVERSAL ENROLLMENT VIRGIN WORKFORCE YOUTH YOUTH DEVELOPMENT World Bank Quality Education Counts for Skills and Growth |
| geographic_facet |
Latin America & Caribbean |
| relation |
Caribbean Knowledge Series; |
| description |
The quality and relevance of education
are paramount to achieve economic growth. International
research shows that the subject matter learned and skillset
developed in the classroom is the foundation for future
success in the work place, and serves as a superior
predictor of economic growth compared with the number of
years of school. One recent study, using a database of
comparable test scores for over 50 countries, finds that a
single standard deviation difference in tests scores between
countries equates to roughly 2 percentage points in annual
long-term Gross Domestic Product (GDP) growth. These
findings hold true across high-income, middle-income, and
low-income countries and all geographical regions. Despite
significant investments in formal education, economic growth
in the region has slowed in recent years and there is a need
for improved labor productivity. |
| format |
Brief |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Quality Education Counts for Skills and Growth |
| title_short |
Quality Education Counts for Skills and Growth |
| title_full |
Quality Education Counts for Skills and Growth |
| title_fullStr |
Quality Education Counts for Skills and Growth |
| title_full_unstemmed |
Quality Education Counts for Skills and Growth |
| title_sort |
quality education counts for skills and growth |
| publisher |
World Bank, Washington, DC |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/2013/06/17893756/quality-education-counts-skills-growth http://hdl.handle.net/10986/23695 |
| _version_ |
1764454561647427584 |