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Education Year in Review

Education: the 2010 Year in Review

Christine Horansky's picture

2010 was a banner year for education as global attention brought by the UN Millennium Development Goals summit in New York City spotlighted the catalytic role education plays in fighting poverty and meeting a number of critical development goals. As countries and development partners alike strive to maximize development effectiveness, investing in education has emerged as a clear priority for this reason -- as well as as part of the solution to rising unemployment, a point echoed by US President Barack Obama in last week's State of the Union. The World Bank's forthcoming Education Strategy, which launched global consultations in 2010, takes special aim at the critical need for learning to translate into skills for work and life. While the global economic downturn has threatened to slow hard-won progress, the World Bank scaled up development assistance with over $5 billion in support to education during FY2010.