Education
Education is central to development.
Education empowers people and strengthens nations. It is a powerful “equalizer”, opening doors to all, to lift themselves out of poverty. Education, as identified by the World Bank, is critical to the world’s attainment of the Millennium Development Goals.
As quoted from the Goldman Sachs Global Economics Paper No. 164, Education is the key to gender equality. Educating girls and women leads to higher wages; a greater likelihood of working outside the home; lower fertility; reduced maternal and child mortality; and better health and education. The impact is felt not only in women’s lifetimes, but also in the health, education and productivity of future generations.
Investment in education benefits the individual, society, and the world as a whole. Broad-based education of good quality is among the most powerful instruments known to reduce poverty and inequality. With proven benefits for personal health, it also strengthens nations’ economic health by laying the foundation for sustained economic growth. For individuals and nations, it is the key to creating, applying, and spreading knowledge - and ultimately to the development of dynamic, globally competitive economies. It is fundamental for the construction of democratic societies – as quoted by the World Bank
Education creates choices and opportunities for people, reduces the twin burdens of poverty and diseases, and gives a stronger voice in society. For nations it creates a dynamic workforce and well-informed citizens able to compete and cooperate globally – opening doors to economic and social prosperity.
