The good news? On average, sons and daughters are better educated than their parents almost everywhere. The bad news? Today, the developing world is stuck roughly where the high-income world was 40 years ago in terms of educational achievement—and this is affecting the ability of many to move up the economic ladder as adults. Our new report, which covers 95% of the global Population and spans half a century, explores why upward mobility has stalled and discusses what needs to be done to restart it. #FairProgress
Fair Progress? Economic Mobility across Generations Around the World
Mobility has stalled in recent years in large parts of the world, with the prospects of too many people across the world still too closely tied to their parents’ social status rather than their own potential, according to the findings of a World Bank report.