Blog 5-Investing in education through public–private partnerships

Summary

This article focuses on investing in education using public-private partnerships. An international k-12 program called GEMS education provides high-quality education to children around the world. It is known that education can enrich and transform lives. It is also known that our world is currently in the middle of an education crisis with millions of children not in school. This article looks at how we can best rectify this problem, but it also looks deeper into the problem areas. Not only are education levels in third-world countries low, but they are specifically low for poor young women. This company believes that the way to make a change is to strengthen public-private partnerships in education. “Often, what happens is that it is presented as a burden rather than an opportunity,” says Mr. Pota so the best way to build an effective partnership is to be on the same page and speak the same language when it comes to the importance of investing in education. This year’s Global Education and Skills Forum is expecting about 50 ministers of education and labor to begin discussing the ideas of how to accomplish new design and reforms with the help of private sectors.

Analysis

This article looks at why education is important, those lacking that education, and how we can create successful ways of getting education to those who need it. 57 million children around the world are not receiving any formal kind of education and over half of those children are girls. UNESCO’s latest report shows that, if current trends continue, it will take until the year 2072 for all of the poorest young women in developing countries to become literate. This brings in the idea of gender roles and societal values when looking at education. Women are more likely to stay home and take care of the house and family than to go out and seek an education. For our world to continue to thrive, there needs to be workers who are skilled in their fields and the only way to do this is by educating them. Education has the ability to affect every aspect of the world today, such as the economy, government, the work force and so on. Our education system is not keeping up with the rate of globalization and that is what companies such as GEMS education is trying to solve. This will not only better the individuals life by helping them thrive in this world, it will also help the world continue to grow.

This article can be found at:

http://www.unicef.org/education/bege_72747.html