Jay Sunde Chapel Hill - These days some kids are sent to 'school' from the time they are 12-14 months previous. This is a new pattern and parents of the old school usually wonder what these 'babies' could probably learn when they have just begun to walk and talk. So, preschool education is so important.

1. Created By : Jay Sunde Chapel Hill

2. Economics of Early Childhood
“On a simply financial
foundation, it makes a lot
of sense to spend money
on the young… Beginning
studying begets later
studying. And early
achievements types later
achievements.”

3. Early Involvement and Early Childhood

4. Approach 1: comparing countries
This research was already released in the top
publication The Lancet (23 Sept 2011)
Authors in comparison low and center income
nations with a complete of 2.7 billion dollars
inhabitants
Used three scenarios: 25% , 35% or 50% surge in
pre-school enrolment
Estimated the benefits with regards to academic
achievement and, from there, of GNP growth
And found a benefits of cost rate of 6.4 to 17.6

5. Approach 2: comparing children
A pre-school program in the USA
Comparing treatment group and control group
Benefit to cost amount of 17, by the age of 40
Benefits and costs per participant in US$ (constant 2000) and with 3% discount rate
$15,166
$0 $50,000 $100,000 $150,000 $200,000 $250,000 $300,000
Cost s
Benefit s
Tot al ret urn = $258,888; $17.07 per dollar invest ed:
$12.90 t o t he public, $4.17 t o part icipant s
Welfare Educat ion Earnings Tax es paid Crim e

6. Disadvantaged kids benefit most

7. A fast look into the “Black Box”

8. Looking to the West......
For Serbia: enrolment in pre-primary during 2009 at age groups 3-5.5: 48%
For EU-countries: enrolment in pre-primary among 3 and 4 season olds in 2005-2006.
For UK: only 3 season olds. At age 4, 90% of kids are either in pre-primary or primary

9. ... and looking to the East
Enrolment at ages 3-6 by GDP per capita
Note: from international data-base. Data for Serbia may differ from national sources.

10. Wealth disparities
(% children 36-59 months attending early education)

11. Short programs seem 4 to 6 times
less costly than full-day programs
Currency Unit cost
full-day
Unit cost
half-day
Ratio:
full / half
Armenia US$ 216 34.2 6.32
Kyrgyzstan Som 6010 1670 3.60
Macedonia Denar 71590 11139 6.43
Poland Zloty 4500 1200 3.75

12. Short or Fullday: some examples
Kyrgyzstan: fast development of brief applications,
started by NGOs but taken ove by Government
Poland: “where there are no Preschools”
Big variations in West-Europe, for example:
Belgium. From age 2.5 onwards: fullday good care in
little categories with near to 100% enrolment in
community organizations. Same in Italy and Italy.
Netherlands. Only from age 4: school-based system of
5 time per day generally in huge categories. No foods
or mattresses. Daycare mainly personal. Unique
applications for disadvantaged..

13. How to finance scale up
Increase gradually: first from age 4, then from age 3
Use current pre-school budget:
Raise efficiency
Raise full-day fee precisely (social justice)
Use ‘demographic dividend’:
Use current area in schools
Retrain main teachers

14. Main conclusions
Serbia has every opportunity to increase protection of
pre-school knowledge, given that we:
promote enrolment in short applications, and
convince mother and father who do not need daycare
Serbia should first target the lowest but gradually aim
at worldwide coverage:
48% of your kids are already on board!
children in the center categories benefit as well

15. THANKS YOU