Economics, Econometrics and Finance
8 years ago

Investing in Education: Primary Education Key for Developing Countries' Prosperity.

World Development
Returns to investment in education: A global update
George Psacharopoulos

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Investing in education is a smart choice worldwide. Primary education is crucial in developing countries, with higher returns than advanced schooling. Women's education is more profitable than men's. Private sector jobs offer higher returns than public sector jobs. Public funding for higher education tends to benefit wealthier individuals. Overall, investing in education is a great opportunity for individuals and society as a whole.