We all know that education is a sound investment, but just how solid is it? We set to find out, with a comprehensive review that covered trends and patterns from a database of 1,120 estimates in 139 countries spanning nearly seven decades.
The result—a 9 percent average individual return for one extra year of schooling globally, or in other words, 9 percent increase in hourly earnings—is staggering, especially when compared to other investment options available. One such investment many people choose to invest in are United State stocks and bonds. However, when we learned that investors over a five-decade period from the mid-1960s collected only a mere 2.4 percent return, investing in education looks even more solid.
Alberto Gwande and his students at Khuzi school in Malawi need more teachers. The school is severely understaffed, with only six teachers for nearly 800 students. “I was supposed to receive new teachers last year, but they never came,” recalls Alberto, the headteacher.
Khuzi is 20 kilometres away from Nathenje, the nearest large village with a trading center, and its Pupil-Teacher Ratio (PTR) is 131 pupils per teacher. In contrast, Chibubu school, located four kilometers from Nathenje, has a PTR of 65, while Mwatibu school, located inside the village, has a PTR of just 49. And yet, despite the shortage at Khuzi, it was Chibubu which received four new teachers last year.
December 1, 2017– While the developing world has made strong progress towards universal primary education, education is still largely an unfulfilled dream for millions of children with disabilities. Leroy Philips, a youth leader and radio broadcaster from Guyana, recalls what it was like growing up blind.
Deadline: 30-Nov-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)
Objective: The objective is to develop a 4-day modular capacity building program on Disaster Risk Financing(DRF)to enhance understanding of DRF strategies and instruments for protection from natural disasters, embedded in the broader Disaster Risk Management and fiscal risk management frameworks, and build the skills of stakeholders to design and implement such strategies.
Deadline: 14-Nov-2017 at 11:59:59 PM (Eastern Time – Washington D.C.)
Objective: The Kenya Patient Safety Impact Evaluation(KePSIE)is s country-driven initiative, with the Ministry of Health and regulatory bodies leading the design of the inspection systems, the choice of implementation areas and the outcomes to be evaluated. The project is at scale and at the evaluation stage it covers 4.5 million people and 7 million health visits in a year. In 2017, the implementation of the KePSIE interventions is being carried out with the Ministry of Health using the first cadre of full-time in Kakamega, Kilifi, and Meru. After the initial listing of healthcare facilities, baseline data collection, and the implementation of the interventions, KePSIEs follow-up survey will measure different aspects of patient safety and quality of care in approximately 1,000 public and private health facilities in the three intervention counties. Data will be collected through various instruments including facility and patient exit surveys, and direct observation of patient-health provider interactions.
World Development Report 2018 calls for greater measurement, action on evidence
WASHINGTON, September 26, 2017 – Millions of young students in low and middle-income countries face the prospect of lost opportunity and lower wages in later life because their primary and secondary schools are failing to educate them to succeed in life. Warning of ‘a learning crisis’ in global education, a new Bank report said schooling without learning was not just a wasted development opportunity, but also a great injustice to children and young people worldwide.
The annual meetings will officially be opened on the 10/12/2017. To help you navigate the relevant topics for the Netherlands the next couple of day we will list them on our blog. Below some interesting pre-events for 10/11/2017. Enjoy!
Next week, the Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) take place from upcoming October 10 to October 14 in Washington DC. During this meetings the Board of Governs of the attentive organizations will debate in the field of topics associated with poverty reduction, international economic development and finance.
In order to make these meetings accessible for the wide audience, World bank Live will daily stream several events in different languages such as English, Spanish, French and Arabic. The subjects of the Flagship events of the Annual Meetings vary from Human Capital Summit to digital economy and education. If you are interested within accompany the dialogues through the broadcast of Worldbank live, check out the whole program here and join the World Bank’s Live online event. You are also able to submit questions before the events. Below you will find a short selection of these upcoming events concurrently with the Annual Meetings 2017.
Lack of Early childhood programs perpetuates inequality
While good quality ECD is important for all children, it is essential to support the development of children in disadvantaged settings. Indeed, various studies have demonstrated how investment in ECD can help reduce inequality and break the cycle of poverty.
As Nobel laureate Professor James Heckman put it, “Children raised in disadvantaged environments are not only much less likely to succeed in school or society, but they are also much less likely to be healthy adults.” Effective early childhood programs can lead to improved economic prospects of children by helping them gain the foundational skills they need to be more productive in the future workforce.