The World Economic Forum, a nonprofit foundation, has ranked the most educated countries in the world as part of its annual Global Competitiveness Report.
The WEF created the index using a variety of objective and subjective measures.
Each country’s score, from 1 to 7, is based on factors including secondary education enrollment rate and tertiary education enrollment rate – which means the number of people who studied either at university or an equivalent, such as a nursing college.
The score is also based on answers provided by business leaders from each country, to five questions.
10. New Zealand
New Zealand constantly ranks among the top education systems in the world. The country’s education department is innovative: in September, the government outlined plans to introduce online education courses, whereby students are not required to attend school on certain days of the week.
Australia is a well-educated country, and has a particularly high proportion of tertiary-educated adults. 43% of adults have trained at an institution after leaving school – that’s behind only Canada, Japan, Israel, Korea, the US, and the UK.
8. United States
A large proportion of adults in America have a university education – 43%. That is the fifth highest proportion in the OECD.
Norway has high levels of taxation and invests heavily in education. It devotes an annual expenditure of approximately £11,000 ($14,000) per pupil from primary to tertiary education – the third highest figure in the OECD.
Denmark is the OECD country that spent the largest share of its wealth on education, with a total expenditure on educational institutions of 7.9% of its GDP. It is a major priority in the country: it was one of the few countries where education expenditure actually grew during the financial crash of 2008-2010.
In Belgium, higher education pays: unemployment rates for those with a tetiary education is just 3%. Unemployment rates are lower than the European average for every other level of education, too.
Teaching is a well-paid profession in the country: teachers salaries are on average £57,000 ($74,000) adjusted for purchasing power. The OECD average is £39,000 ($52,000).
A large majority of Switzerland’s population has attained a full secondary education: 86% of 25-64 year olds. A large majority of Switzerland’s population has attained a full secondary education: 86% of 25-64 year olds. The country spends a lot on it: an average of £12,500 ($16,000) per student per year, compared to the EU average of £7,500 ($9,500).
The Dutch rank highly in many fields of education. A third of Dutch 25-64 year olds hold a university degree, which is significantly higher than the OECD average of 24%.
Finland’s education system is widely-acclaimed, especially since a 2010 documentary, “Waiting for Superman,” compared it favourably with the USA’s. Teachers are selected from the top 10 percent of the country’s graduates, and are required to earn a master’s degree in education.
Singapore’s education system is the most highly-regarded in the world, but it is also famously known as a “pressure cooker” for its intensity and strictness. Global comparisons of maths and science ability are often topped by Singapore’s school system.
This time my home country Sweden was just outside the top ten. So there is something to work on.
Source: World Economic Forum
Open markets are essential for a sustained global recovery and equity for years to come.
Cristine Lagarde, Jim Yong Kim and Roberto Azevedo has written an article in Wall Street Journal about trade.
Many of the world’s economic leaders gathering this week in Washington for the International Monetary Fund/World Bank annual meetings may face discontent back home. Adding to a variety of worries, skepticism over trade has risen, protectionism has increased, trade itself has stagnated, and productivity growth has lagged.
To read the article: WSJ
Tonight we plays our second round qulifying game in the FIFA Soccer World Cup. In the first game Sweden got a 1-1 draw against Netherlands.
Now we play Luxembourg away, a game we have to win. On Monday we play Bulgaria at home.
We need six points from these two games, before we play group favourite France in Paris in November.
Maybe it is time for the next one, Super-John Guidetti. Our next big soccer star.
My guess is that Guidetti scores tonight. Sweden wins 3-0.
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