Consolidated Education Strategy

1. Consolidated Education Strategy

2. Objective • Identify how the IDB can assist the region in facing the educational challenges for the next decade . • This objective is connected to the Bank's institutional objectives: support sustainable economic development and poverty reduction

3. The region in the world context • Growth of the global knowledge economy • Labor markets are changing in accordance with new economic realities • The knowledge capital of a society is the principal determinant of development • These realities are affecting Latin America and the Caribbean

4. The region in relation to these changes • In the region a solid agreement has been formed around these ideas, including the priority which should be given to education. And there is also awareness that the knowledge capital of the region is inadequate

5. The Gap in Educational Attainment Average Years of Education of the Population 25+

6. The Learning Gap

7. Education Attainment by Year of Birth

8. The Learning Gap: PISA Test Scores in Latin America and OECD and Expenditures per student

9. Average Years of Education by Income level

10. Rates of Return to Secondary and Tertiary education

11. Science and Technology in Latin America and the US: Main Indicators

12. Areas for IDB Action: Challenges and Constraints Instutitional Constraints Financial Constraints • Priorities: • Close the attainment gap: equity and learning • Expand and reform tertiary educaton • Link education and technology • Make training flexible, relevant, continuous and linked with the labor market Political Constraints

13. Priority 1. Close the gap in education attainment and learning • Take actions to meet the Millennium Development Goals (MDGs) in education • Increase access through the expansion of less developed levels • Reduce repetition and early dropout. • One particular area will be strengthening grades 7 to 9 • Emphasis on programs to improve teaching through integrated and comprehensive programs

14. Priority 2. Expand and reform tertiary education • Accelerate functional and institutional diversification • Stimulate student loan programs • Develop and strengthen evaluation and accreditation systems • Establish a regulatory system to strengthen the growth of the private sector

15. Priorities 3. Accelerate the development of science and technology • Strengthen the relationships between the education system and the national innovation system • Initiatives to strengthen the teaching and learning of mathematics and science in primary and secondary education

16. Priority 4. Ensure that training is flexible, market driven, and continuous • Guarantee that non formal and non traditional programs which respond to labor market demand are based on an understanding of the labor market • Guarantee multiple and flexible points of entrance and exit with connections between the formal education system and training

17. Strategy and Concrete Plans Strategy Decision Making Tool-Kit

18. A Tool Box of Policies and Instruments