Investing in early childhood development saves millions: rep
andyt @ Wed Sep 15, 2010 9:19 am
$1:
Pay now, or pay much more later.
That's the word from the Vancouver Board of Trade and the Justice Institute of B.C., which released a joint report Monday saying that investing in early childhood development -- particularly before age five -will save governments and society millions of dollars in the long run.
"The economic payback is spectacular," report author David Park, research associate for the Justice Institute and economist emeritus for the board, told a news conference about the report. "There are great benefits in intervening."
Park's report, Kids 'N Crime: Economic Aspects of Development and Prevention of Criminality among Children and Youth, looks at the economic benefits of positive early childhood intervention, concluding that it results in enhanced productivity, GDP growth, reduced crime and a reduced financial burden on health, justice and social programs needed throughout adult life.
That's the word from the Vancouver Board of Trade and the Justice Institute of B.C., which released a joint report Monday saying that investing in early childhood development -- particularly before age five -will save governments and society millions of dollars in the long run.
"The economic payback is spectacular," report author David Park, research associate for the Justice Institute and economist emeritus for the board, told a news conference about the report. "There are great benefits in intervening."
Park's report, Kids 'N Crime: Economic Aspects of Development and Prevention of Criminality among Children and Youth, looks at the economic benefits of positive early childhood intervention, concluding that it results in enhanced productivity, GDP growth, reduced crime and a reduced financial burden on health, justice and social programs needed throughout adult life.
andyt @ Thu Sep 16, 2010 12:04 pm
This is the other piece of the minimum income. Best way to support kids is to have their parents earn a living wage.