The Price of War (News and Research 316) The price of war: Macroeconomic effects of the 2022 sanctions on Russia | Noam Angrist, Simeon Djankov, Pinelopi Goldberg and Harry Patrinos (Chapter 26) show enormous losses of education and human capital–particularly coming after the pandemic. Ukrainian children are estimated to have lost one year of schooling …Continue reading “The Price of War”
The Economics of Higher Education
Higher Education (News and Research 315) Towards a More Sustainable and Transparent Higher Education System in Latvia | Lucia Brajkovic, Diego Ambasz | Academic careers are an important aspect of higher education policy and practice. A high-quality academic workforce – spanning both teaching and research positions – provides major inputs into relevant research publications andContinue reading “The Economics of Higher Education”
The Long Term Benefits of Financial Education
The Long Term Benefits of Financial Education (News and Research 314) What are the long-term effects of high school financial education? | Comparing the randomized treatment and control groups, we have three main findings on long-term financial behavior: the financial education program had no effect on long-run bank account ownership, but a high percentage ofContinue reading “The Long Term Benefits of Financial Education”
The Most Educated
The Most Educated (News and Research 313) 25 Most Educated Countries In the World | Education can also increase incomes. According to the World Bank, the economic returns on average of a tertiary education is a 17% increase in earnings compared to a 10% increase for primary education and a 7% increase for a secondaryContinue reading “The Most Educated”
Each new teacher hired can create an additional 1.22 jobs
Each new teacher hired can create an additional 1.22 jobs (News and Research 312) Rewiring Education for People and Planet | This report is a call to action to work across sectors, levels, and stakeholders to transform education together with a wider development transformation. Amid competing priorities and limited resources, one needs to stop thinkingContinue reading “Each new teacher hired can create an additional 1.22 jobs”
Overcoming COVID-19 Learning Losses
Overcoming COVID-19 Learning Losses (News and Research 311) How can covid learning loss be overcome? | Jaime Saavedra, the World Bank’s global director of education, tells Anne McElvoy how to fix what could be the worst educational crisis for a century. The COVID-19 pandemic starved young brains. Estimates suggest that globally schoolchildren may be eightContinue reading “Overcoming COVID-19 Learning Losses”
Floods, Learning Loss and Other News
Floods, Learning Loss and Other News (News and Research 310) Pakistan’s Floods are Deepening its Learning Crisis Pakistan recently experienced one of the worst floods in the country’s history. Heavy monsoon rains, about 6 times the average of the last thirty years, have affected more than 33 million people. Around one-third of the country’s land mass is under water. WeContinue reading “Floods, Learning Loss and Other News”
High-quality schooling is a necessary component of economic growth
High-quality schooling is a necessary component of economic growth
High-quality schooling is a necessary component of economic growth (News and Research 309) High-quality schooling is a necessary component of economic growth, according to 60 years of international test data Published by the Thomas B. Fordham Institute on 9.22.2022 (https://fordhaminstitute.org/) International student assessments are commonplace today, though none existed before 1965, and few countries participatedContinue reading “High-quality schooling is a necessary component of economic growth”
Transforming Education
Transforming Education (News and Research 308) Remarks by World Bank Group President David Malpass at UNGA 77: The Global Challenge of Addressing the Learning Crisis Event | Four steps are needed to recover these losses and accelerate learning. First, countries need to keep schools open and increase the hours per week of instruction. Second, itContinue reading “Transforming Education”
Education, economics and public policy 