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By Simon Marginson

Whilst will the ‘education revolution’ particularly start? Is the kingdom prepared for the demanding situations of the worldwide wisdom economic climate and the rising centres of innovation world wide? What are the foremost difficulties and the place are the coverage strategies? those are the questions addressed in schooling, technological know-how and Public coverage, during which 9 coverage practitioners and educators form the information financial system into bite-sized chunks for public coverage debate. members contain Terry Moran, Maxine McKew, Collette Tayler, Barry McGaw, Shih Choon Fong, Simon Marginson, Michael Gallagher, Margaret Gardner and Ian Chubb.

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Those teachers who do not reach our quality requirements deserve professional development to raise their knowledge and skills, or to assist them in identifying more appropriate career paths. 34 Maxine McKew Our society already accepts the principle of paying more to those who carry heavy burdens of responsibility. Think of your own child as you listen to Haim Ginott as he describes his own feeling of tremendous responsibility in the classroom: I’ve come to a frightening conclusion that I am the decisive element in the classroom.

This is much more serious than negative growth in the stock market. While the stock market can return to new highs in the near future, losses in the education stakes will take much longer to recover. Without strong policy direction they won’t be recovered at all. For the Australian children currently affected by educational neglect, the recovery will never come. Their lost opportunity will be compounded each year, never to be fully compensated. OECD research shows that if the average educational level of the working-age population were raised by one year, the economy would be 3–6 per cent larger and the annual GDP growth rate would be 1 per cent higher.

We have wasted our prosperity gains of the last ten years and now face the extraordinarily difficult task of restoring infrastructure in health, education, transport, roads and other national needs that serve the economy. The great wealth generated by the commodities boom in Western Australia conceals the abandonment of tight money policies and the looseness of the ad hoc federal spending decisions that characterised the Howard years. In designing economic strategy, it is important to remember that profits are only one part of the economy.

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