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Quality Education and Economic Development

Eric A. Hanushek
Published Date: 
Brajesh Panth and Rupert Maclean (ed.)
Anticipating and Preparing for Emerging Skills and Jobs: Key Issues, Concerns, and Prospects
Singapore: Springer
pp. 25-32

The only way to achieve economic growth, in the long run, is to improve the quality of schools. The most important step for improvement is to establish a clear development goal and indicator in terms of measured skills. Through universal achievement of basic skillsBasic skills, inclusive growth is made possible which, in turn, has enormous potential in addressing issues of poverty and inadequate healthcare and to promote the new technologies necessary to improve the sustainability of growth. There is no single policy that has brought about these gains. Instead, there are local approaches informed by regular monitoring of student performance.