Education Policy Reforms to Boost Productivity in Australia
Gigi Foster
Australian Economic Review, 2018, vol. 51, issue 2, 253-261
Abstract:
Chapter 3 of the 2017 Australian Productivity Commission's recent report ‘Shifting the dial’, commissioned by the Commonwealth Treasurer to interrogate ‘Australia's productivity performance’, focuses on education policy. The Treasurer explicitly asks that the report include ‘recommendations on productivity†enhancing reform’, and Chapter 3, entitled ‘Future Skills and Work’, delivers these for the education policy sphere. In this article I evaluate the education policy reform recommendations set out in Chapter 3 against Australia's educational performance and landscape today, and what we know in general about the educational inputs to productivity. Different, though overlapping, policy recommendations emerge from my analysis.
Date: 2018
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