Researchers at the School of Economics at Getulio Vargas Foundation (FGV) indicates that Brazil loses two percentage points in its gross domestic product (GDP) annually due to the precarious education provided. In the assessment, relationships were made about how education can affect a country.
The researchers look at the PISA analyzes, organized by the OECD (Organization for Economic Co-operation and Development) and TIMSS (Trends in International Mathematics and Studies in Science). The last PISA assessment was conducted in 2018, and it was published in 2019; Brazil has an average of 382 in mathematics and an OECD average of 489.
Research also shows that the growth in wealth that a country is able to develop occurs due to the quality of education. Thus the fees offered at the school are not decisive. Quality in education is the main point for people to grow financially.
Education in Brazil is an economic investment
André Portela, professor at the FGV and principally responsible for the study, reveals that every necessary condition for sustainable human growth is shaped by a cycle of virtues.
“Not only is the state producing more, there is an improvement in people’s lives, in health, with less crime, higher wages, innovation, and political participation,” the professor analyzed. Schools that guarantee better education, according to the survey, showed a decrease in homicide rate and quality in other purely social aspects.
The studies led Erik Hanushek, of Stanford University, to conclude in 2022 that South American countries will gain much more from investing in basic education at the level of Pisa. For him, even in the 21st century, students will earn 76 trillion US dollars for their countries.
The developing country should be allied with the quality of education. The growth of the economy in Portugal, South Korea, Poland and Singapore was due to the long investment in schools and this is a prime example that the quality of teaching was above average.
PISA effect
With the indicated evaluation score, most Brazilian students showed low performance in the subjects assessed: mathematics, science, and reading. Understanding text, identifying graphics, and counting numbers are among the problems facing Brazilian education.
This downward development, if it continues, will ensure that it will take Brazil about three decades to reach the level of Japan. Certainly, this low data has been proven by the Covid-19 pandemic.
