The new report, entitled World of Work Report 2008: Income inequalities in the age of financial globalization, produced by the ILO’s International Institute for Labour Studies contain a number of assertions in relation to education investment for development. I sometimes wonder if assertions like this are verifiable in all cases

When spending on primary and secondary education is low in comparison to spending on tertiary education, children from low-income households will have
fewer chances to obtain the secondary education that is a prerequisite for attending university. (p. 25)

From Preface to World of Work Report  2008:

Income inequalities are pervasive and growing in virtually all countries. Public debates and policies have focused on this challenge. Opinion surveys illustrate how people link the downsides of globalization to rising income inequalities. It is only appropriate therefore for the International Institute for Labour Studies to apply its analytical expertise to a trend of direct relevance to the world of work. The outcome is a comprehensive overview of key factors underlying unbalanced
income developments. It shows that income inequality has risen more than can be justified by economic analysis and entails major social and economic costs. What emerges is an evidence-based critique of the way financial globalization has occurred so far. The findings assembled here provide analytical support to the ILO’s view that the growth model that led to the financial crisis is not sustainable. It confirms that a rebalancing between economic, social and environmental goals is vital both to recovery and also the shaping of a fair globalization. (p. vii)

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