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Helgi's Point - Public Spending On Education


Language: English
Provider: 2013
Pages: 1
In education, as in everything else in life, you get what you pay for. Right? Well, as in everything else in life: not necessarily. According to the OECD findings, the success of a country’s education system depends more on how educational resources are invested than on the volume of investment. PISA results suggest that above the treshold of USD 20,000 in terms of GDP per capita, national wealth is no longer a predictor of a country’s quality of education. What matters more is how the resources are spent rather than how much, especially, how much is invested in teachers. In general, the countries that perform well in PISA attract the best students into the teaching profession by offering them higher salaries and greater professional status. Education is one of the headaches in Czech society. Although benefiting from the solid past, the trend is clearly negative as the quality of students is declining compared to the past and within the world. The system is under-funded (Czechs spend less than 4% of GDP on education), but money is clearly not the only issue here.
Education | Czechia | March 18, 2013
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