The global economy could experience great benefits by 2030 if it were to develop educational system that would enable all students to master the basics of reading, maths and science, assessed the Organization for Economic Cooperation and Development (OECD). The organization assessed that the key to growth is education, i.e. mastering at least the basic skills, stating its members with higher income could increase growth by over 3% by 2030 if they provided the basic skills and knowledge for everyone. Likewise, countries like Ghana, where the secondary school enrolment rate is 46%, could significantly increase their economic growth.
On 27 May in Berlin OECD presented a report titled “Universal Basic Skills”, comparing data from 76 countries. The report warns that the global economic crisis has shown, during recent years, that programmes of savings and stimulation, as well as printing money, are not a solution in themselves.
The key, according to the organization’s assessment, is that the students master at least the basic skills of reading, maths and science. These basic skills were described in the report as “contemporary functional literacy” or at least the first level of the PISA programme for the assessment of the level of education and obtained knowledge.
OECD assessed that the “benefits for growth, the economy and sustainable development would be enormous” if every 15 year old student worldwide were to master the basic skills by 2030.
“Without the knowledge, people end up on the margins of society, and technological development does not turn into economic growth”, warns OECD.
The organization called on the authorities of countries worldwide to help their citizens “face these challenges by providing that by 2030 everyone has the knowledge and skills required for further education and work.”
Source: AFP, taken from www.euractiv.rs
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