The price of inaction: The costs of children and youth not learning
UNESCO, OECD and the Commonwealth Secretariat have developed the first global report to illustrate the monetary costs to economies around the world of leaving children and youth behind in education.
Price of Inaction
Using available evidence, the report The price of inaction: the global private, fiscal and social costs of children and youth not learning calculates the costs, globally and by region, of children and youth that are not in school or gaining basic skills. Calculations are also provided for twenty selected countries in which there are gender disparities in education at either girls’ or boys’ expense.
If governments were to increase efforts so that every child was in school and achieving basic skills, the future world GDP would raise by more than US$6.5 trillion annually. The publication offers the evidence and insights that show that for economic development to accelerate, so must prioritisations and investments in education and gender-transformative action.
