(AGENPARL) - Roma, 26 Aprile 2022 - (AGENPARL) – mar 26 aprile 2022 Meeting the SDGs is impossible without global universal basic skills, still a faraway goal []
Dear Colleague,
The pandemic uncovered education inequalities, but basic skills gaps are a longstanding challenge.
In an F&D article, published online today, Stanford’s Eric A. Hanushek and Ludger Woessmann of the University of Munich provide a comprehensive and timely analysis of global skills gaps.
They write: “Economic development depends on the skills of each society, which means that high-quality, equitable education is paramount. On this score, it is hard to be optimistic, because the deficits are large, and recent events have not improved the chances for success.”
The economic gains from achieving universal basic skills would also be immense, the authors say, as “the present value of added world GDP that would accrue over the remainder of the century is $700 trillion, or five times current annual world GDP.”
“The key to improvement is an unwavering focus on the policy goal: improving student achievement,” they conclude.
—————————————————————
F&D March Issue “Rethinking Fiscal”
In this issue, a lineup of accomplished authors provide insight and analysis on some of the biggest issues policymakers face when it comes to fiscal policy, ranging from debt to institutional frameworks to taxation. In addition, we have complementary podcasts, videos, and other multimedia elements to stimulate your thinking.
Have Your Say
What do you think of this article? Please write to us directly and let us know your thoughts. We would love to hear from you.
[headshot]
Nick Owen
Senior Editor
F&D Magazine
Connect on Social