The world’s poorest people have been getting richer recently. But they remain incredibly poor. The 10 percent of the world’s population still consuming $1.90 or less a day are subsisting on a small fraction of the resources available to people at the US poverty line. So you’d hope that the governments of the countries where they live would be trying to raise their consumption levels. But the reality is more complex.
CGD Policy Blogs
Chart of the Week: Gender Pay Gaps around the World Are Bigger Than You Think, and Have Almost Nothing to Do with Girls Schooling
While I think it's silly to argue we spend too much on girls' education, perhaps it's reasonable to ask whether a concern with gender equality and a cold hard look at recent data would lead anyone to put their marginal dollar into girls' schooling over, say, campaigning for gender quotas (which seem to work well in Indian politics, at least) or even subsidized childcare (which has boosted female labor force participation in Latin America).
Teachers in poor countries earn far more, in relative terms, than teachers in the OECD—and several recent studies suggest their pay isn’t linked to skills or performance. But we also have growing evidence that high-quality teachers generate huge economic returns. The question is how to ensure high pay attracts high quality.