Corporate Social Responsibility Expo 2007 Christopher Thomas World Bank

The World Bank’s Interest in Education There are more than 2 billion children of primary and secondary school age in developing countries who: will have a profound impact on issues of the world economy, governance, culture, environment, technology, and social tolerance need to be prepared to participate in an increasingly competitive and globalized economy

“In our seeking for economic and political progress as a nation, we all go up or else we all go down as one people.”

Why Education? Education Growth Poverty Reduction Improved Quality Human Capital Productivity Education Poverty Reduction Improved Quality of Life Social Equity Cohesion Health Fertility

Knowledge as a Key Factor in Economic Development

Rates of Return to Education Social Private Primary Secondary Higher Asia 16.2 11.1 11.0 20.0 15.8 18.2 E. Europe, Middle East 15.6 9.7 9.9 13.8 13.6 18.8 Latin America 17.4 12.9 12.3 26.6 17.0 19.5 OECD 8.5 9.4 13.4 11.3 11.6 Africa 25.4 18.4 37.6 24.6 27.8 World 18.9 13.1 10.8 19.0

Education Indicators for the Philippines Lower middle income countries Primary Net Enrollment 93.4% 92.8% Secondary Net Enrollment 60.5% 69.3% Tertiary Gross Enrollment 28.1% 23% Student:Teacher Ratio, Primary 35.1:1 21.7:1 Student:Teacher Ration, Secondary 37.9:1 18.7:1

Education Indicators for the Philippines Upper middle income countries Primary Net Enrollment 93.4% 93.1% Secondary Net Enrollment 60.5% 74.5% Tertiary Gross Enrollment 28.1% 44.5% Student:Teacher Ratio, Primary 35.1:1 21.0:1 Student:Teacher Ration, Secondary 37.9:1 16.3:1

Other Indicators Public Spending on Education as a % of GDP: 2.7% TIMSS results

New Basic Skills The "hard skills" -- basic mathematics and problem-solving abilities; The "soft skills" -- the ability to work in groups and to make effective oral and written presentations; and The ability to use technology to gather, process and communicate information.

Economy-wide Measures of Routine and Non Routine Task Inputs in the U Economy-wide Measures of Routine and Non Routine Task Inputs in the U.S., 1969–98

Basic Education Reform Agenda School Improvement/Student Development Teacher Development Learning Strategies Other Support Programs Complementary Health and Social Services

Deepening Our Involvement? Going further inside the classroom Strengthening teachers – recruitment, preparation and classroom practice Resourcing classrooms

Deepening Our Involvement? Improving Governance and Accountability Building management capacities Ensuring efficiency and effectiveness of public spending Strengthening assessment systems that test young people’s readiness for the world of work

Deepening Our Involvement? Shaping social attitudes Improving the status of the teaching profession Stimulating interest in science and mathematics Improving functional literacy, encouraging life long learning Strengthening connections between school and work

Maraming Salamat Po!