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Providing quality education for every child and youth - how much would it cost?

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  • Daniel Jeongdae Lee

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

  • Yiliang Li

    (Macroeconomic Policy and Financing for Development Division, ESCAP)

Abstract

Sustainable Development Goal 4 presents a significant broadening of the education agenda compared with that of the Millennium Development Goals; it is aimed at universal enrolment, from pre-primary to upper-secondary levels (rather than just primary), and emphasizes learning outcomes, such as higher labour market remuneration, but it also fosters economic growth through human capital accumulation and reduces poverty. At the same time, Goal 4 calls for equity in education opportunities, through additional support for marginalized children to gain access to school and catch up with their peers in learning. Among previous studies on education costing, the global estimate for low- and lower-middle income countries varies from $191 billion (UNESCO, 2015) to $311 billion (Education Commission, 2016) annually for the period 2015-2030.

Suggested Citation

  • Daniel Jeongdae Lee & Yiliang Li, 2019. "Providing quality education for every child and youth - how much would it cost?," MPDD Policy Briefs PB86, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).
    • Handle: RePEc:unt:pbmpdd:pb86
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    File URL: https://www.unescap.org/sites/default/files/PB86_Education%20costing.pdf
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    References listed on IDEAS

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    1. World Bank, 2018. "World Development Report 2018 [Rapport sur le développement dans le monde 2018]," World Bank Publications - Books, The World Bank Group, number 28340.
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