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The High Cost of Low Educational Performance the Long-run Economic Impact of Improving PISA Outcomes

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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  • "PISA : the high cost of low educational performance"

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  • "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."@en
  • "While many nations express a commitment to improved educational quality, education often slips down on the policy agenda. Because the benefits of educational investments are seen only in the future, it is possible to underestimate the value and the importance of improvements. This report uses recent economic modelling to relate cognitive skills--as measured by pisa and other international instruments--to economic growth. This relationship indicates that relatively small improvements in the skills of a nation's labour force can have very large impacts on future well-being. The second section of this report describes analyses of human capital and economic growth. It provides a short review of alternative models of economic growth and links these to the progression of empirical analysis. From this, it summarises the best evidence on how cognitive skills affect economic growth. The third section then presents a series of simulations for oecd (Organisation for Economic Cooperation and Development) countries of various amounts of improvement in cognitive skills. The fourth section concludes and discusses some of the political-economy issues involved. Technical issues, including the development of measures of cognitive skills and the underlying statistical modelling, are presented in annexes. (Contains 8 tables, 11 figures, 2 boxes, and 35 notes.) [This paper was produced by the Indicators and Analysis Division of the oecd Directorate for Education.]."@en
  • "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."@en

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  • "Livre électronique (Descripteur de forme)"
  • "Reports - Evaluative"@en
  • "Ressource Internet (Descripteur de forme)"
  • "Livres électroniques"

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  • "The High Cost of Low Educational Performance The Long-run Economic Impact of Improving PISA Outcomes"
  • "The High Cost of Low Educational Performance the Long-run Economic Impact of Improving PISA Outcomes"@en
  • "The high cost of low educational performance the long-run economic impact of improving PISA outcomes"@en
  • "The high cost of low educational performance the long-run economic impact of improving PISA outcomes"
  • "The High Cost of Low Educational Performance the long-run economic impact of improving PISA outcomes"
  • "The high cost of low educational performance : the long-run economic impact of improving PISA outcomes"@en
  • "The high cost of low educational performance : the long-run economic impact of improving PISA outcomes"
  • "The High Cost of Low Educational Performance: The Long-Run EconomicImpact of Improving Pisa Outcomes"@en

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