IMF: Poor education hinders SA’s economic growth

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Newsletter| On average, South Africa spends over 6% of its GDP on education.“However, a significant number of sub-Saharan African countries that spend far less per learner than South Africa have far better educational outcomes,” says an IMF report

An IMF report mentions that while SA has a fair budget for education, the teaching and learning is of poor quality

“Money is clearly not the main issue, since South Africa’s education budget is comparable to OECD [Organisation for Economic Co-operation and Development] countries as a percent of GDP and exceeds that of most peer sub-Saharan African countries in per capita terms.”“However, a significant number of sub-Saharan African countries that spend far less per learner than South Africa have far better educational outcomes,” the IMF paper said.

The paper also quoted a study finding that differences in mathematics and science scores explained the high economic growth rates of the east Asia miracle countries, and the sluggish growth rates of Latin America. “South Africa has achieved significant improvements in access to education, but the quality of education is significantly lagging.

“The apartheid government deliberately under-resourced black schools to limit the educational achievements of black learners.

 

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The most important thing is find alignment between education and opportunity. The country must invest according to the needs and demands. So many countries have failed because of the failure to make the alignment.

DBE_SA Lesufi SadtuNational MYANC CyrilRamaphosa Quality education denied, 25 yrs later.

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