Milan Thomas – Although significant progress toward achieving universal primary education has been made over the past decade, out-of-school children (OOSC) remain a pervasive global problem. According to one estimate, there are 61 million OOSC in the world (UIS 2012). To underscore the importance of reducing the global number of out-of-school children, this paper, commissioned by Educate A Child, summarizes research on the multi-faceted benefits of primary education and estimates the economic costs of large out-of-school child populations.
Part I of the paper reviews the literature on the benefits of primary education, covering the vast range of positive economic, social, political, psychosocial, and environmental impacts for individuals and society that are associated with primary education attainment. The evidence in Part I highlights the importance of primary education in breaking the intergenerational transmission of poverty and building dynamic, prosperous societies. The second half of the paper uses two economic methods to estimate the cost of OOSC in six countries where OOSC are still prevalent (Bangladesh, Cote d’Ivoire, Democratic Republic of Congo, India, Mali, and Yemen).. Part II reveals that there are significant economic incentives to educate current OOSC populations (up to 7% of gross domestic product) and even larger potential gains from providing remedial education to the OOSC of past generations.
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