The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature

This is a companion report to Assessing the Economic Returns to Investing in Youth in Developing Countries, with focus on the literature reviewed and greater detail in some parts than in the 2003 study. Both papers explore the economic case for inv...

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Main Authors: Knowles, James C., Behrman, Jere R.
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2013
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2005/01/5644363/economic-returns-investing-youth-developing-countries-review-literature
http://hdl.handle.net/10986/13709
id okr-10986-13709
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ABORTION
ACCIDENTS
ADOLESCENT HEALTH
ADOLESCENTS
ADULT LITERACY
ADULT WORK
ADVERTISING
ALCOHOL
ALTERNATIVE INVESTMENTS
BASIC EDUCATION
BASIC EDUCATION PROGRAMS
BEHAVIORAL CHANGES
BENEFIT ANALYSIS
CANCER
CARDIOVASCULAR DISEASES
CHILD HEALTH
CHOLESTEROL
COMMUNICABLE DISEASES
COST EFFECTIVENESS
CRIME
DEMOGRAPHIC TRANSITION
DIETS
DISABILITY
EARLY CHILDHOOD DEVELOPMENT
ECONOMETRIC ESTIMATES
ECONOMIC ANALYSIS
ECONOMIC GROWTH
EDUCATION
EDUCATION PROGRAMS
EMPLOYMENT
EXPLOITATION
FAMILIES
FEMALE GENITAL CUTTING
GROWTH
HEALTH
HEALTH CARE
HEALTH EDUCATION
HEALTH EDUCATION PROGRAMS
HEALTH INSURANCE
HEALTH INTERVENTIONS
HEALTH INVESTMENTS
HEALTH POLICIES
HEALTH POLICY
HEALTH PROGRAMS
HEALTH RISKS
HEALTH SERVICES
HIV INFECTION
HUMAN DEVELOPMENT
INCOME
INFANTS
INFECTIOUS DISEASES
INFERTILITY
INTERVENTION
LABOR MARKETS
LABOR PRODUCTIVITY
LAWS
LEARNING
LITERACY
LITERACY TRAINING
MALARIA
MALNUTRITION
MARGINAL BENEFITS
MARGINAL COSTS
MASS MEDIA
MENTAL HEALTH
MICRONUTRIENT DEFICIENCIES
MORTALITY
NONFORMAL EDUCATION
NUTRITION
NUTRITION OUTCOMES
NUTRITION PROGRAMS
NUTRITIONAL STATUS
ORPHANS
OUT-OF-SCHOOL CHILDREN
PHYSICAL ACTIVITY
POPULATION DYNAMICS
POPULATION STUDIES
POVERTY ALLEVIATION
PREGNANCY
PRIVATE COSTS
PRIVATE SECTOR
PRODUCTIVITY
PUBLIC HEALTH
REHABILITATION
REPRODUCTIVE HEALTH
REPRODUCTIVE HEALTH PROGRAMS
REPRODUCTIVE HEALTH SERVICES
RESOURCE CONSERVATION
SANITATION
SAVINGS
SCHOOL HEALTH
SCHOOL HEALTH POLICIES
SCHOOLS
SEXUAL ABUSE
SOCIAL CAPITAL
SOCIAL COSTS
SOCIAL EXCLUSION
SOCIAL MARKETING
STIS
TAX REVENUE
TOBACCO
TOBACCO CONTROL
TOBACCO USE
TRADEOFFS
TRAINING PROGRAMS
TUBERCULOSIS
VIOLENCE
WELLBEING
WORKPLACE
YOUNG ADULTS
YOUNG PEOPLE
YOUTH
YOUTH UNEMPLOYMENT
spellingShingle ABORTION
ACCIDENTS
ADOLESCENT HEALTH
ADOLESCENTS
ADULT LITERACY
ADULT WORK
ADVERTISING
ALCOHOL
ALTERNATIVE INVESTMENTS
BASIC EDUCATION
BASIC EDUCATION PROGRAMS
BEHAVIORAL CHANGES
BENEFIT ANALYSIS
CANCER
CARDIOVASCULAR DISEASES
CHILD HEALTH
CHOLESTEROL
COMMUNICABLE DISEASES
COST EFFECTIVENESS
CRIME
DEMOGRAPHIC TRANSITION
DIETS
DISABILITY
EARLY CHILDHOOD DEVELOPMENT
ECONOMETRIC ESTIMATES
ECONOMIC ANALYSIS
ECONOMIC GROWTH
EDUCATION
EDUCATION PROGRAMS
EMPLOYMENT
EXPLOITATION
FAMILIES
FEMALE GENITAL CUTTING
GROWTH
HEALTH
HEALTH CARE
HEALTH EDUCATION
HEALTH EDUCATION PROGRAMS
HEALTH INSURANCE
HEALTH INTERVENTIONS
HEALTH INVESTMENTS
HEALTH POLICIES
HEALTH POLICY
HEALTH PROGRAMS
HEALTH RISKS
HEALTH SERVICES
HIV INFECTION
HUMAN DEVELOPMENT
INCOME
INFANTS
INFECTIOUS DISEASES
INFERTILITY
INTERVENTION
LABOR MARKETS
LABOR PRODUCTIVITY
LAWS
LEARNING
LITERACY
LITERACY TRAINING
MALARIA
MALNUTRITION
MARGINAL BENEFITS
MARGINAL COSTS
MASS MEDIA
MENTAL HEALTH
MICRONUTRIENT DEFICIENCIES
MORTALITY
NONFORMAL EDUCATION
NUTRITION
NUTRITION OUTCOMES
NUTRITION PROGRAMS
NUTRITIONAL STATUS
ORPHANS
OUT-OF-SCHOOL CHILDREN
PHYSICAL ACTIVITY
POPULATION DYNAMICS
POPULATION STUDIES
POVERTY ALLEVIATION
PREGNANCY
PRIVATE COSTS
PRIVATE SECTOR
PRODUCTIVITY
PUBLIC HEALTH
REHABILITATION
REPRODUCTIVE HEALTH
REPRODUCTIVE HEALTH PROGRAMS
REPRODUCTIVE HEALTH SERVICES
RESOURCE CONSERVATION
SANITATION
SAVINGS
SCHOOL HEALTH
SCHOOL HEALTH POLICIES
SCHOOLS
SEXUAL ABUSE
SOCIAL CAPITAL
SOCIAL COSTS
SOCIAL EXCLUSION
SOCIAL MARKETING
STIS
TAX REVENUE
TOBACCO
TOBACCO CONTROL
TOBACCO USE
TRADEOFFS
TRAINING PROGRAMS
TUBERCULOSIS
VIOLENCE
WELLBEING
WORKPLACE
YOUNG ADULTS
YOUNG PEOPLE
YOUTH
YOUTH UNEMPLOYMENT
Knowles, James C.
Behrman, Jere R.
The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
relation Health, Nutrition and Population (HNP) discussion paper;
description This is a companion report to Assessing the Economic Returns to Investing in Youth in Developing Countries, with focus on the literature reviewed and greater detail in some parts than in the 2003 study. Both papers explore the economic case for investments in youth in developing countries. The current cohort of youth is the largest cohort ever. The economic, social, and demographic context of their lives has undergone enormous change, thus requiring a rethinking and re-evaluation of the range of investments in youth. This reappraisal must incorporate a number of critical features including recognition of the wide range of youth investments, the considerable lag in effects, and the likelihood that youth investments in one area affect investments and behavior in other areas. The paper examines forty-one investments in the following broad categories: formal schooling; civilian and military training, work; reproductive health; school-based health; other health; and community and other. The paper develops a lifecycle approach using cost-benefit analysis to calculate the economic returns to investments in youth. However, the information necessary to apply the methodology is sufficient for only a few investments in a few countries. Moreover, even for these cases, the estimated economic returns vary widely depending on the assumptions used. Despite these limitations, the available evidence suggests that some types of investments in youth, e.g., investments in formal schooling, adult basic education and literacy, some types of school-based health investments (e.g., micronutrient supplements and, under certain circumstances, reproductive health programs), and measures designed to reduce the consumption of tobacco (e.g., increases in the tobacco tax), yield economic returns that are at least as high as are those for many investments in other sectors. The lack of reliable information on the effects of many investments in youth is the most important information gap and the area meriting the highest priority for future research.
format Publications & Research :: Working Paper
author Knowles, James C.
Behrman, Jere R.
author_facet Knowles, James C.
Behrman, Jere R.
author_sort Knowles, James C.
title The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
title_short The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
title_full The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
title_fullStr The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
title_full_unstemmed The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature
title_sort economic returns to investing in youth in developing countries : a review of the literature
publisher World Bank, Washington, DC
publishDate 2013
url http://documents.worldbank.org/curated/en/2005/01/5644363/economic-returns-investing-youth-developing-countries-review-literature
http://hdl.handle.net/10986/13709
_version_ 1764424029005938688
spelling okr-10986-137092021-04-23T14:03:09Z The Economic Returns to Investing in Youth in Developing Countries : A Review of the Literature Knowles, James C. Behrman, Jere R. ABORTION ACCIDENTS ADOLESCENT HEALTH ADOLESCENTS ADULT LITERACY ADULT WORK ADVERTISING ALCOHOL ALTERNATIVE INVESTMENTS BASIC EDUCATION BASIC EDUCATION PROGRAMS BEHAVIORAL CHANGES BENEFIT ANALYSIS CANCER CARDIOVASCULAR DISEASES CHILD HEALTH CHOLESTEROL COMMUNICABLE DISEASES COST EFFECTIVENESS CRIME DEMOGRAPHIC TRANSITION DIETS DISABILITY EARLY CHILDHOOD DEVELOPMENT ECONOMETRIC ESTIMATES ECONOMIC ANALYSIS ECONOMIC GROWTH EDUCATION EDUCATION PROGRAMS EMPLOYMENT EXPLOITATION FAMILIES FEMALE GENITAL CUTTING GROWTH HEALTH HEALTH CARE HEALTH EDUCATION HEALTH EDUCATION PROGRAMS HEALTH INSURANCE HEALTH INTERVENTIONS HEALTH INVESTMENTS HEALTH POLICIES HEALTH POLICY HEALTH PROGRAMS HEALTH RISKS HEALTH SERVICES HIV INFECTION HUMAN DEVELOPMENT INCOME INFANTS INFECTIOUS DISEASES INFERTILITY INTERVENTION LABOR MARKETS LABOR PRODUCTIVITY LAWS LEARNING LITERACY LITERACY TRAINING MALARIA MALNUTRITION MARGINAL BENEFITS MARGINAL COSTS MASS MEDIA MENTAL HEALTH MICRONUTRIENT DEFICIENCIES MORTALITY NONFORMAL EDUCATION NUTRITION NUTRITION OUTCOMES NUTRITION PROGRAMS NUTRITIONAL STATUS ORPHANS OUT-OF-SCHOOL CHILDREN PHYSICAL ACTIVITY POPULATION DYNAMICS POPULATION STUDIES POVERTY ALLEVIATION PREGNANCY PRIVATE COSTS PRIVATE SECTOR PRODUCTIVITY PUBLIC HEALTH REHABILITATION REPRODUCTIVE HEALTH REPRODUCTIVE HEALTH PROGRAMS REPRODUCTIVE HEALTH SERVICES RESOURCE CONSERVATION SANITATION SAVINGS SCHOOL HEALTH SCHOOL HEALTH POLICIES SCHOOLS SEXUAL ABUSE SOCIAL CAPITAL SOCIAL COSTS SOCIAL EXCLUSION SOCIAL MARKETING STIS TAX REVENUE TOBACCO TOBACCO CONTROL TOBACCO USE TRADEOFFS TRAINING PROGRAMS TUBERCULOSIS VIOLENCE WELLBEING WORKPLACE YOUNG ADULTS YOUNG PEOPLE YOUTH YOUTH UNEMPLOYMENT This is a companion report to Assessing the Economic Returns to Investing in Youth in Developing Countries, with focus on the literature reviewed and greater detail in some parts than in the 2003 study. Both papers explore the economic case for investments in youth in developing countries. The current cohort of youth is the largest cohort ever. The economic, social, and demographic context of their lives has undergone enormous change, thus requiring a rethinking and re-evaluation of the range of investments in youth. This reappraisal must incorporate a number of critical features including recognition of the wide range of youth investments, the considerable lag in effects, and the likelihood that youth investments in one area affect investments and behavior in other areas. The paper examines forty-one investments in the following broad categories: formal schooling; civilian and military training, work; reproductive health; school-based health; other health; and community and other. The paper develops a lifecycle approach using cost-benefit analysis to calculate the economic returns to investments in youth. However, the information necessary to apply the methodology is sufficient for only a few investments in a few countries. Moreover, even for these cases, the estimated economic returns vary widely depending on the assumptions used. Despite these limitations, the available evidence suggests that some types of investments in youth, e.g., investments in formal schooling, adult basic education and literacy, some types of school-based health investments (e.g., micronutrient supplements and, under certain circumstances, reproductive health programs), and measures designed to reduce the consumption of tobacco (e.g., increases in the tobacco tax), yield economic returns that are at least as high as are those for many investments in other sectors. The lack of reliable information on the effects of many investments in youth is the most important information gap and the area meriting the highest priority for future research. 2013-05-30T18:42:16Z 2013-05-30T18:42:16Z 2005-01 http://documents.worldbank.org/curated/en/2005/01/5644363/economic-returns-investing-youth-developing-countries-review-literature http://hdl.handle.net/10986/13709 English en_US Health, Nutrition and Population (HNP) discussion paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research