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"The High Cost of Low Educational Performance. The Long-run Economic Impact of Im" ebook introduction:

This report uses recent economic modelling to relate cognitive skills – as measured by PISA and other international instruments – to economic growth, demonstrating that relatively small improvements to labour force skills can largely impact the future well-being of a nation.

The report also shows that it is the quality of learning outcomes, not the length of schooling, which makes the difference.

The High Cost of Low Educational Performance. The Long-run Economic Impact of Improving PISA Outcomes