The South China Morning Post focuses on education – and indeed education and retraining will be focal points of future civilisation…to the point where again government financing on old models simply will not be sustainable. Thus the interest in PFS structures, SIBs et al…
2030 Vision: 5 Ways The World’s Educators Must Adapt To The New Machine Age
SCMP
Economist Intelligence Unit report commissioned by newly launched Yidan Prize Foundation stresses need to integrate technology in classrooms, and prioritise vocational training and adaptability.
Whatever their levels of investment in education through to 2030, all countries will face competing priorities for public spending as their demographics continue to shift. Given such concerns, experts interviewed for the report, such as Rafiq Dossani, director of the Rand Centre for Asia-Pacific Policy, warn that it is ever more important to set aside sufficient resources to guarantee good basic primary and secondary education.
To complement public efforts, the private sector is increasingly being tapped to bring improvements that go beyond setting up affordable schools. One popular approach is to use “social impact bonds” to compensate investors when certain education goals are reached in developing economies. This has been used in Rajasthan, India, for example, to retain more girls in school.