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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Format: | Working Paper |
Language: | English en_US |
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World Bank, Washington, DC
2013
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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 |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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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 |