In the foreword to his very last World Development Report by theWorld Bank Group in 2007, World Bank Group President Paul Wolfowitz (2006) reminds readers that the Bank’s overarching mission is to fight poverty throughout the world. A core task in this fight is to invest in young people, more precisely in their education. Never before, Wolfowitz asserts, has the time been better to invest in young people, because never before in history has the number of people worldwide aged 12–24 years been larger, and never before have young people been as healthy and well educated as today. Because of falling fertility, the need for this investment has become even more urgent, since the aging of societies will cause tremendous social, economic, and political challenges in the near future. In order to avoid the fundamental problems of aging societies, it is necessary to raise the share of the population that is working and to boost household savings.
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Tröhler, D. (2008). The Educationalization of the ModernWorld: Progress, Passion, and the Protestant Promise of Education. In: Smeyers, P., Depaepe, M. (eds) Educational Research: the Educationalization of Social Problems. Educational Research, vol 3. Springer, Dordrecht. https://doi.org/10.1007/978-1-4020-9724-9_3
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