UNESCO says money spent on education doesn’t match its importance
According to Priyadarshani Joshuai (a researcher on UNESCO’s Global Education Monitoring Report), the amount of money spent on education does not reflect the importance of education.
Joshi explained to CNBC that although no one could argue the value of education, “but money doesn’t seem like it adds up.” Squawk Box AsiaLast Friday, she talked about GEM reports published in April by UN agency.
About $4.7 trillion is spent on education worldwide annually, with only 0.5% of that spent in low income countries, according to the 2019 editionGEM Report
Joshi claimed that, for quite some time, Joshi’s GEM Report would demonstrate how the annual gap in financing for basic education can be “matched with like three days worth of military expenditure.”
Joshi stated that education is the best way to educate or empower women and their communities. He also stressed that insufficient education funding has a disproportionate impact on women living in poor countries.
This was evident during the Covid-19 epidemic, when girls and boys in the developing world did not experience the same setbacks after schools closed.
According to her, girls face “gendered consequences”, such as a limited access to electronic devices, limiting time usage, and high risks of early pregnancy.
Even though the gap between genders in attendance and enrollment at schools has been decreasing over the last two decades, the problem of illiteracy is still prevalent among women living in developing countries.
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Parents in Pakistan, Bangladesh and Jordan were reluctant to allow girls to use smartphones. However, boys had somewhat better access which could have contributed to their ability to learn.
She indicated that “very basic” education is needed for girls. Such things as improved textbooks, gender-sensitive training, and role models for leadership are all worth “a few millions to a few trillion that could potentially add trillions to global economic growth.”
School closures were also devastating for teachers who had to quit their jobs, or have their salary reduced.
Teachers are a very female profession. So in many countries, teachers really suffered,” said Joshi, who explained how countries with a high private market share in education — such as India — saw major disruptions as teachers “lost their jobs or are getting paid less.”
Although the gap between genders in school enrollment and attendance has been closing over two decades now, women from developing countries still struggle with literacy.
According to the report, 771,000,000 adults were without basic literacy skills by 2020. 63% of those illiterate adults are females.
Adult literacy gaps were greatest in Central and Southern Asia, and sub-Saharan Africa.
UNESCO stated that “slow progress in increasing literacy rates means, in absolute terms. the number of illiterate persons has hardly changed.”