[PDF] The contribution of education to economic growth - GOVUK

Why is secondary education important?

Investment in secondary education provides a clear boost to economic development, much more than can be achieved by universal primary education alone. Hence, the focus of the United Nations Millennium Development Goals on universal primary education was important but insufficient.

What is the difference between primary and secondary education?

Primary education: Primary education is typically the first stage of compulsory education, coming between early childhood education and secondary education. Secondary education: Typically takes place after six years of primary education and is followed by higher education, vocational training or employment.

Should universal primary education be supplemented by secondary education?

It also shows that in order to provide the boost in economic growth that brings countries out of poverty, universal primary education needs to be supplemented by providing secondary education to a wide proportion of the population.

Why is tertiary education important?

For more industrialised countries, tertiary education of younger adults also plays a key role in economic growth. Skills development is vital in reducing unemployment, inequality and poverty, and promoting growth. It also makes economic sense – for every US$1 spent on education, US$10 to US$15 can be generated in economic growth.