Early Childhood Development as Economic Development

Posted on March 28, 2003

[Public Education Network Newsblast]

EARLY CHILDHOOD DEVELOPMENT AS AN ECONOMIC DEVELOPMENT STRATEGY

Early childhood development programs are rarely portrayed as economic development initiatives, and a new report concludes that type of thinking is a mistake. Such programs, if they appear at all, are at the bottom of the economic development lists for state and local governments. They should be at the top. Most of the numerous projects and initiatives that state and local governments fund in the name of creating new private businesses and new jobs result in few public benefits. In contrast, studies find that well-focused investments in early childhood development yield high public as well as private returns.

<a href="http://minneapolisfed.org/pubs/fedgaz/03-03/earlychild.cfm">http://minneapolisfed.org/pubs/fedgaz/03-03/earlychild.cfm</a>


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