Sumario: | This thesis considers the most current knowledge of the importance of investing in early childhood education and care (ECEC) programs with a focus on the economic benefits: higher rate of returns to education, higher productivity, lower crime rates, higher government savings and breaking up intergenerational poverty.
Although the evidence suggests significant short-term effects in terms of educational benefits (e.g. lower repetition rates and special education), the empirical evidence for the economic benefits is still not as significant as it is desirable for their generalization.
Therefore, it shows the need for more reliable information to construct a stronger argument leading governments to decide ipso facto increasing the educational expenditures in early childhood education programs.
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