TY  - RPRT
        AU  - Brunello, Giorgio
AU  - Rocco, Lorenzo
        TI  - The Pecuniary Costs of Early School Leaving and Poor Basic Cognitive and Non-cognitive Skills
        PY  - 2024/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 17296
        UR  - https://www.iza.org/index.php/publications/dp17296
        AB  - We produce estimates of the pecuniary costs of inadequate investment in human capital for countries, macro regions and the world at large. These costs are borne by individuals (private costs), the government (fiscal costs), and society, which includes both individuals and the government (social costs). We estimate that, in 2030, the global annual private costs of having a share of children with less than basic skills at its 2021 value rather than at zero are equal to 9,154 billion 2015 dollars, or 17.1 percent of global GDP in 2030.
        KW  - fiscal and social costs
KW  - early school leaving
KW  - low basic skills
KW  - private
        ER  -