Over the coming years, enormous amounts of money will likely be spent on adaptation to climate change. The international community recently made pledges of up to $100 billion per year by 2020 for the Green Climate Fund. Judging from such climate finance to date, funding for large projects overwhelmingly goes to engineers to build seawalls, dams, or irrigation systems (1). But with specific projections of future changes in climate in specific locations still highly uncertain, such heavy concrete (in both meanings) and immobile investments that can lock countries into certain paths may not be the best way to go (2). Our new study suggests that it may be efficient and effective to give part of this fund to educators rather than engineers. Public investment in universal education in poor countries in the near future should be seen as a top priority for enhancing societies' adaptive capacity vis-à-vis future climate change
We hereby present a dataset produced at the Wittgenstein Centre (WIC) containing comprehensive time series on educational attainment and mean years of schooling (MYS). The dataset is split by 5-year age groups and sex for 171 countries and covers the period between 1970 and 2010. It also contains projections of educational attainment to 2060 based on several scenarios of demographic and educational development. The dataset is constructed around collected and harmonized empirical census and survey data sets for the projection base year. The article present the principles and methodology associated with the reconstruction and the projection, and how it differs from several previous exercises. It also proposes a closer look at the diffusion of education in world regions and how the existing gaps in terms of generations, gender, and geography -hence called the 3Gs -have been evolving in the last forty years. (max. 150 words)
The relationship between population changes and economic growth has been debated since Malthus. Initially focusing on population growth, the notion of demographic dividend has shifted the attention to changes in age structures with an assumed window of opportunity that opens when falling birth rates lead to a relatively higher proportion of the working-age population. This has become the dominant paradigm in the field of population and development, and an advocacy tool for highlighting the benefits of family planning and fertility decline. While this view acknowledges that the dividend can only be realized if associated with investments in human capital, its causal trigger is still seen in exogenous fertility decline. In contrast, unified growth theory has established human capital as a trigger of both demographic transition and economic growth. We assess the relative importance of changing age structure and increasing human capital for economic growth for a panel of 165 countries during the time period of 1980–2015. The results show a clear dominance of improving education over age structure and give evidence that the demographic dividend is driven by human capital. Declining youth dependency ratios even show negative impacts on income growth when combined with low education. Based on a multidimensional understanding of demography that considers education in addition to age, and with a view to the additional effects of education on health and general resilience, we conclude that the true demographic dividend is a human capital dividend. Global population policies should thus focus on strengthening the human resource base for sustainable development.
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