Early Childhood Education A Wise Investment Approach for...

Title Early Childhood Education: A wise investment approach for a better future. 1. Core message There are many benefits from improving quality in Early Child Education services and the trade-off between affordability and quality in these services should not determine the efficiency of this improvement. Even though this latter issue (affordability versus quality) comes to reality and associated dollar cost might impact on families’ budget, it should be explain benefits from this kind of actions. Recommendations That you Note: 1. Investment in Early Childhood Education services boosts economic performance in the future. 2. Promote participation and ensure children from disadvantaged background are benefit from Early Childhood Education†¦show more content†¦Parents’ involvement in social activities and workforce Parents need for childcare to enable them to study, undertake training or participate in other activities outside the home, increasing participation in the workforce, particularly for women, and optimising children’s learning and development. Occasional childcare services are used, for instance, by parents for short periods whilst they attend appointments, do volunteering work or carry out domestic chores, while professionally trained personnel look after and teach their children. 3. Context The discussion is focused on the trade-off between affordability and quality on ECE services. However, this discussion seems to be biased because only considers one single aspect (trade-off) of a universe of aspects that, at least, economic theory provides in regard of improvement in quality of early childhood education services. Also, the discussion provides some opinions with no further support, neither theoretical nor empirical, to help the reader understanding their point of view. 4. Rationale A starting point to better understand benefits of improvement in quality of ECE services is given by the Human Capital Theory which ‘†¦suggests that education or training raises the productivity of workers by imparting useful knowledge and skills, hence raising workers’ future income by increasing their lifetime earnings.’ (Becker, 1964). 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