Davos Debate: Inclusive Growth

This video is an idea for the World Economic Forum in Davos (WEF) on how to close the gap between the poor and rich.


Harvard, Oxford, Stamford: The world's top universities are found in the most developed societies. How come we never see these types of educational establishments in poor countries?
My argument is for the basic education and the action plan is for subsidizing the local teachers.
As you see, I am not talking about the higher education. When there is lack of properly trained teachers the introduction of higher education will often result in poor outcomes.
Moving teachers from developed countries is too costly because of the huge cost of relocation and language barriers. Therefore, it is more efficient to bring native teachers to developed countries, train them, and send them back.
Since corruption in poor countries heavily affects the educational system, our argument for developed countries is to directly subsidize educators' salaries and make them less vulnerable to corruption. Let's train local teachers and subsidize their salaries to raise a literate generation with access to equal opportunities. Perhaps G20 can consider this.

Some people may disagree and say the higher education is the key. But here is the problem with the higher education.

Forced and fast introduction of higher education often results in poor outcomes due to the lack of infrastucture and especially of properly trained teachers. "Moving trained teachers from developed countries is too costly from a social viewpoint because of the large compensating differentials they would require to relocate, and because of language barriers," writes Dr. Giuseppe Moscarini, an economics professor at Yale University. It is more efficient to train native teachers in developed countries.

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• Davos Debates
• Ideas for Inclusive Growth
• World Economic Forum
• Global Economy
• teaching the poor
• teacher salaries. WEF.