Educating the Children to Succeed

Education will become one of the main obstacles to competitiveness in Latin America over the next few years. Recent studies by Eric Hanushek at Stanford University show that the difference in students' levels of knowledge have a lot to do with Latin America's slow growth, compared to that of Asia or the Middle East. The problem is more about what students know, and the cognitive skills they acquire, rather than the number of years spent in the classroom.