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Transforming Education

At a time when investing in children should be an urgent priority, many developing-country governments have had to cut their education budgets. A new global compact between these countries and the developed economies that provide donor aid could generate billions of dollars in additional funding for schools.

EDINBURGH – Global Education is in crisis. Today, nearly 300 million children don’t go to school, and 800 million young people will leave school without any qualifications. Recent data show that global learning poverty in low- and middle-income countries is estimated to have risen to 70%, with more than half of the world’s children unable to read or write a simple text at the age of ten and no accredited skills for the workplace when they leave school. Coupled with the “violation” of children’s right to education, evidenced by these high levels of learning poverty, this is bound to have a devastating impact on future productivity, earnings, and well-being for this generation of children and youth, their families, and the world’s economy.

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