UN OWG Proposed Target 4.3
RATING: POOR – literature suggests that vocational training does not provide large benefits relative to costs (Psacharopoulous, 2014). For tertiary education we have plenty of evidence that in all countries the poor pay for the higher education of the rich. This because the rich send more of their children to higher education relative to the taxes paid by the two groups. The solution is to introduce tuition fees for the rich and scholarships for the poor.
Setting the Right Global Goals
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You can read about our prioritization project, setting smart, cost-effective goals in this op-ed published around the world including Turkey, Ethiopia, Indonesia, Uganda, South Korea, Costa Rica and the Philippines.
Download the entire report
In our recent report, not just the target above, but all 169 targets have been assessed by 60 teams of the world’s top economists. The targets have been categorized into five ratings based on evidence of economic, social, and environmental costs and benefits. While we applaud that the UN Open Working Group's final outcome document contains 43 fewer targets than the previous document, we are concerned that many targets have simply been combined, therefore reducing the number of both phenomenal and poor targets assessed according to our cost-benefit analysis. Our new assessment includes suggestions for how these can be improved as reported in this article by the Financial Times.