Evidence on Early Childhood Development Investment Returns
An estimated 220 million pre-school-age children in the developing world fail to reach their development potential because of four major factors: stunting, iron deficiency, iodine deficiency and lack of cognitive and social-emotional stimulation (Grantham-McGregor et al. 2007). This undoubtedly has a large human cost. But possibly, in addition, it has a large productivity cost, which is the focus of this chapter. The question is: what are the potential productivity gains from increased investments in early childhood development (ECD) in the developing world?
KeywordsDiscount Rate Iodine Deficiency Early Childhood Development Schooling Attainment Child Undernutrition
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