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The Value of Early Child Development
December 9, 2011
To every bird, its own nest seems fair.
-French Proverb
-French Proverb
We are all familiar with U.S. studies (particularly the research of HighScope Educational Research Foundation) demonstrating the positive returns to society of investments in early childhood education. Now the Lancet Child Development project has pulled together the findings of 42 international program assessments on early childhood interventions and reached this conclusion as presented in The Lancet (September 2011):
"A conservative estimate of the returns to investment in early child development is illustrated by the effects of improving one component: preschool attendance. Achieving enrollment rates of 25% per country in 1 year would result in a benefit of US$ 10.6 billion and achieving a 50% enrollment could have a benefit of more than a $33 billion (in terms of present discounted value of future labour market productivity) with a benefit-to-cost ratio of 17.6. Incorporating improved nutrition and parenting programmes would result in a larger gain."
 | Celebrating over 30 years, Exchange magazine is a bimonthly publication focused on the administration of programs for young children. Our goal is to support center administrators with workable strategies, practical advice, and down-to-earth ideas for dealing with the serious responsibilities and demands they face each day. |
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ExchangeEveryDay is the official electronic newsletter for Exchange Press. It is delivered five days a week containing news stories, success stories, solutions, trend reports, and much more.
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Comments (2)
Displaying All 2 CommentsGermany
I work at an international school in Germany. I frequently forward Exchange Every Day to colleagues who I think would be interested in the content of that specific message. I forwarded Friday's article to the Economics teacher, who found it interesting in terms of exposing his Economics students to such thoughts and implications. He asked me if I knew how much was spent on child care worldwide ... do you have such data, or can you send me to a website where I might find it? Thanks so much!
Smart Beginnings Central Virginia
Lynchburg, Virginia, United States
I am very interested in your magazine. Thanks!
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