Raising Investment In Early Childhood Development Programs Is A Highly Cost-Effective Strategy Research Shows
[Source: Medical News Today]
According to new research, raising investment in early childhood development programs is a highly cost-effective strategy, potentially providing considerable returns, promoting long-term growth and significantly reducing inequalities in low and middle-income countries.
According to Patrice Engle from California Polytechnic State University in California, USA, who is one of the lead authors of a new Series on child development, published Online First in The Lancet:
“The estimated benefit of investment in improving just one component of early childhood development, preschool enrolment, suggests that increasing preschool attendance to 25% could generate US$10.6 billion while a 50% increase could generate US$33.7 billion, with a benefit-to-cost ratio estimated to range from 6.4 to 17.6 (depending on the projected percentage of children attending preschool, 25% or 50%)”*.
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