Sep
08

The Economic Value of Child Care

The Organisation for Economic Co-operation and Development (OECD) has identified publicly supported child care and early childhood education as critical to a nations wealth and citizen well being.  For every public dollar that is spent on child care, there is a return on the investment that benefits the regional economy.  Economists call this return a “multiplier”.  The multipliers across North American range from 1.6 to 3.25 depending on the region considered.

Read all about it:

http://www.oise.utoronto.ca/atkinson/UserFiles/File/News/The_Economic_Value_of_Child_Care_January2012.pdf

Listen to economist Timothy Bartik make the case for preschool as an economic development program.

http://on.ted.com/Bartik

Categories: News

Posted by Jodie Kehl at 2:43 pm