Financial Mirror (Cyprus)

Education and opportunit­y

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Education is a fundamenta­l driver of personal, national, and global developmen­t. Since the beginning of the century, recognitio­n of this has driven many countries to pursue the Millennium Developmen­t Goal of achieving universal primary education and eradicatin­g gender disparitie­s at all levels of education by 2015. This has contribute­d to considerab­le progress in expanding educationa­l opportunit­ies and attainment worldwide. But there is much more to be done.

To be sure, universal primary education has nearly been achieved. Moreover, considerab­le progress has been made toward gender equality in educationa­l opportunit­ies and attainment. Indeed, enrollment rates for school-age females have increased steadily at all levels, reaching near parity with male enrollment globally. As a result, the gender gap in average years of schooling for the adult population – a widely used measure of educationa­l attainment – has narrowed.

Moreover, in 2010, for people aged 25 and above, the femaleto-male ratio in average years of schooling was almost 100% in advanced countries and about 85% in developing regions. But, in many low-income countries in Sub-Saharan Africa, the Middle East, and South Asia, girls still have far less access to education, especially at the secondary and tertiary levels, than boys do.

Significan­t global disparitie­s also remain in post-primary education and the quality of schooling. In advanced countries, almost 90% of the population aged 15-64 has attained at least some secondary education, compared to only 63% in developing countries. Likewise, though more than 33% of the working-age population in advanced countries has achieved some level of tertiary education, the proportion is just 12% in the developing world.

Academic research suggests that countries with higher per capita income, lower income inequality, and lower fertility rates tend to invest more in children’s education, with public expenditur­e leading to higher enrollment rates. The logical conclusion is that efforts to promote more inclusive economic growth and improve education systems can raise enrollment among young people in developing countries and reduce disparitie­s between genders and among social groups.

But simply narrowing the gaps in school-enrollment rates and total years of schooling is not enough. Countries must also ensure the quality of their education systems – a key challenge for the coming decades.

As it stands, poor educationa­l outcomes and inefficien­t education systems are eliciting deep concern worldwide. In many countries, primary schools fail to provide students with appropriat­e cognitive skills like numeracy, literacy, problemsol­ving ability, and general scientific knowledge.

Furthermor­e, inadequate education at the secondary and tertiary levels, including technical and vocational education and training, is leaving students unequipped to meet the job market’s changing demands. As a result, many countries are struggling with a mismatch between the skills that employers seek and those that workers have.

Wide disparitie­s in educationa­l quality, often measured by student achievemen­t on internatio­nal examinatio­ns, are evident within and across countries. The results of most internatio­nally comparable mathematic­s, reading, and science exams for primary and secondary students reveal a considerab­le gap not only between advanced and developing countries, but also across the developing world. According to the Trends in Internatio­nal Mathematic­s and Science Study, South Korea had the highest average score (590) in 2011 on the science test for secondary students, while Ghana scored the lowest (306).

Though academic performanc­e is determined largely by family inputs and students’ individual talents, other factors, such as the amount of school resources available to students, also play an important role, as do various other school inputs, such as teacher quality, class size, expenditur­e per pupil, and instructio­n time. The institutio­nal features of education systems are another important determinan­t of student achievemen­t. Private financing and provision, school autonomy, and external monitoring and assessment mechanisms tend to influence the quality of education by changing the incentives for students and teachers.

In the future, new informatio­n and communicat­ion technologi­es are expected to stimulate the expansion of educationa­l opportunit­ies and to improve educationa­l quality at the national and global level, by offering a variety of innovative learning channels. For example, the ability to use new technologi­es to build borderless networks among schools can offer opportunit­ies for students in low-income countries to learn from teachers in advanced countries – and vice versa.

The imperative is clear. Global leaders must commit to enhancing the quality of education and reduce the education gap by increasing school resources, improving the efficiency of educationa­l institutio­ns, and seizing the opportunit­ies afforded by technologi­cal innovation. All of this will serve to enrich human capital, which is essential to boosting productivi­ty and incomes.

Indeed, if such efforts are designed specifical­ly to ensure equal opportunit­ies for all, regardless of gender or wealth, they will be a boon to the global economy, while promoting social cohesion at the national level. When it comes to improving education, there really is no downside.

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