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The high cost of low educational performance : the long-run economic impact of improving PISA outcomes

Author: Eric A Hanushek; Ludger Woessmann; Organisation for Economic Co-operation and Development.
Publisher: Paris : OECD, ©2010.
Series: PISA
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
This report uses recent economic modelling to relate cognitive skills--as measured by PISA and other international instruments--to economic growth, demonstrating that relatively small improvements to labour force skills can largely impact the future well-being of a nation. The report also shows that it is the quality of learning outcomes, not the length of schooling, which makes the difference. A modest goal of all  Read more...
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Genre/Form: Electronic books
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Eric A Hanushek; Ludger Woessmann; Organisation for Economic Co-operation and Development.
ISBN: 9789264077485 9264077480
OCLC Number: 527782063
Notes: Title from PDF title page (SourceOECD, viewed Apr. 9, 2010).
Description: 1 online resource (52 pages) : illustrations.
Series Title: PISA
Responsibility: [by Eric A. Hanushek, Ludger Woessmann].

Abstract:

This report uses recent economic modelling to relate cognitive skills--as measured by PISA and other international instruments--to economic growth, demonstrating that relatively small improvements to labour force skills can largely impact the future well-being of a nation. The report also shows that it is the quality of learning outcomes, not the length of schooling, which makes the difference. A modest goal of all OECD countries boosting their average PISA scores by 25 points over the next 20 years would increase OECD gross domestic product by USD 115 trillion over the lifetime of the generation born in 2010. More aggressive goals could result in gains in the order of USD 260 trillion.

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