Episode 24 Rethinking Growth: How Investing in Education Lifted the World’s Poorest

45% of global growth. Nearly 60% of income gains for the poorest. 📊 What if education has been one of the most powerful forces reshaping the global economy? This episode explores new evidence from Distributional Growth Accounting: Education and the Reduction of Global Poverty, 1980–2019, showing that schooling explains roughly one-third of the decline in extreme poverty worldwide. We unpack how expanding secondary and tertiary education transformed labor markets, reduced inequality, and moderated skill premiums across 154 countries. Discover why traditional growth models may be underestimating education’s true economic impact—and what this means for policy today. Generated with AI using wondercraft.ai and guided by our experts. Read more at https://amory-gethin.fr/files/pdf/Gethin2025QJE.pdf?deliveryName=DM272505