A modest goal of having all OECD countries boost their average PISA scores by 25 points over the next 20 years – which is less than the most rapidly improving education system in the OECD, Poland, achieved between 2000 and 2006 alone – implies an aggregate gain of OECD GDP of USD 115 trillion over the lifetime of the generation born in 2010 (as evaluated at the start of reform in terms of real present value of future improvements in GDP) (Figure 1). Bringing all countries up to the average performance of Finland, OECD’s best performing education system in PISA, would result in gains in the order of USD 260 trillion (Figure 4). The report also shows that it is the quality of learning outcomes, not the length of schooling, which makes the difference. Other aggressive goals, such as bringing all students to a level of minimal proficiency for the OECD (i.e. reaching a PISA score of 400), would imply aggregate GDP increases of close to USD 200 trillion according to historical growth relationships (Figure 2).
But but Goodhart’s law!
And it’s also confusing correlation with causation; grading is in large part due to intelligence. Boosting scores may be useless.