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The researchers looked at different socio-economic groups and how their use of the internet impacted on their economic and social wellbeing, as well educational, political and institutional outcomes.Overall, 75 per cent of those surveyed said the internet enabled them to buy cheaper products, 68 per cent said they traded goods via the internet and 62 per cent used it to book more affordable holidays.The commission warned, “If only to keep and improve on the slim competitive edge we still retain in world markets, we must dedicate ourselves to the reform of our educational system for the benefit of all—old and young alike, affluent and poor, majority and minority.” Responding to these urgent words, the National Governors Association, in 1989, pledged that U. students would lead the world in math and science achievement by 2000.According to the latest international math and science assessment conducted by the Organisation of Economic Co-operation and Development’s (OECD) Programme for International Student Assessment (PISA) (see Figure 1), the United States remains a long distance from that target.At one time, internationally comparable information on student performance was not available for a sufficient number of countries over a long enough period of time to allow for systematic study, which is why economists relied upon the less informative measures of school attainment.Now that test-score data for many countries over an extended period of time are readily available, it is possible to supplement measures of educational attainment with these more direct measures of cognitive skills.
"To some extent, the findings suggest that access to and use of the internet might exacerbate existing inequalities offline.
First and foremost, the approach assumes that students in diverse school systems around the world receive the same educational benefits from a year of schooling.
A year of schooling in Papua New Guinea and a year of schooling in Japan are treated as equally productive.
The level of cognitive skills of a nation’s students has a large effect on its subsequent economic growth rate.
Increasing the average number of years of schooling attained by the labor force boosts the economy only when increased levels of school attainment also boost cognitive skills.