Wednesday, January 17, 2018

The Brain Gain

With globalization comes the promise that all people, regardless of background, can rise as high as their talents can take them. And, in fact, the number of university graduates is expected to grow from 250-300 million today to between 800 million and 1 billion by 2030.

But, without improved and updated strategies, education will be unable to reverse – and may even reinforce – the inequality of opportunity that is so damaging societies worldwide. Only with increased investment in innovative strategies for provision of high-quality education can demand at the primary, secondary, and tertiary levels be met.

Education does not benefit only its recipients; it has a profound impact on national economic outcomes. Poor educational performance may be a determining factor in the inability of Latin American countries to rise from middle- to high-income status over the last 50 years. Likewise, education could explain why Singapore, South Korea, and Taiwan attained high-income status, while countries like Thailand, the Philippines, and Malaysia cannot complete the middle-income transition.

In its new series, The Brain Gain, policymakers, economists, educators, and business leaders will debate and advance innovative ideas about educational practice and policy. Contributions will focus on the link between educational performance and economic growth; as well as reforms in standards and testing; the growth of online education and its impact on traditional institutions; universities’ future role; technology and pedagogy; and equality of educational opportunity.

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