ERIC Number: ED380360
Record Type: RIE
Publication Date: 1994
Investing in All the People: Educating Women in Developing Countries. EDI Seminar Paper No. 45.
Summers, Lawrence H.
This seminar paper discusses the enormous economic benefits of investing in women's education. Over time increases in girls' education have the potential to transform societies. Four conclusions were reached: (1) the excess female mortality in many developing countries is a horrifying problem that is the most obvious manifestation of a much broader problem of female deprivation; (2) female deprivation results from a vicious cycle where girls are not educated because they are not expected to make an economic contribution to their families, an expectation that represents a self-fulfilling prophecy; (3) increasing educational opportunities for girls offers the best prospect for cutting into this vicious cycle because increasing outlays directed at educating girls would yield enormous economic and social benefits; and (4) the share of the world's girls who go to school can be increased at a relatively modest cost, and over time have the potential to transfer the society. The best way to achieve increased investment in the education of girls is: (1) provide schools for girls; (2) make educating girls more economically attractive by reducing labor market discrimination against women and reducing the costs to parents of sending their daughters to school; and (3) design schools for girls in a way that is consistent with cultural values. Because education is a labor-intensive business, it is relatively inexpensive to provide in low-income countries. Letting girls go to school, learn to read, and experience more of the world beyond their homes makes them better off immediately and enriches their families. (DK)
Descriptors: Developing Nations, Economic Development, Educational Policy, Elementary Secondary Education, Equal Education, Females, Foreign Countries, Womens Education
Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, DC 20433.
Publication Type: Reports - Research; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: World Bank, Washington, DC.
Note: Paper presented at the Annual Meeting of the World Bank (Washington, DC, September 1992).