The Economic Benefits of High-Quality Universal Early Child Education

by Matt Grudnoff

Expanded ECEC services would provide a badly-needed boost to Australia’s economic recovery from COVID-19.

A universal ECEC system should be viewed as a fundamental goal for the future Australian economy. Achieving the superior quality and economic benefits of the Nordic systems cannot be done instantly, of course. But our ECEC policies should be reoriented and expanded, with a universal, publicly-delivered, high-quality, and affordable system akin to the Nordic benchmark as its end goal. That will require more substantial investments in ECEC funding, and its reallocation toward the not-for-profit and public facilities which deliver the best quality, and the largest economic benefits.

Full report