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Handbook of Early Childhood Development Research and Its Impact on Global Policy$
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Pia Rebello Britto, Patrice L. Engle, and Charles M. Super

Print publication date: 2013

Print ISBN-13: 9780199922994

Published to Oxford Scholarship Online: January 2013

DOI: 10.1093/acprof:oso/9780199922994.001.0001

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Economic Perspectives on Some Important Dimensions of Early Childhood Development in Developing Countries

Economic Perspectives on Some Important Dimensions of Early Childhood Development in Developing Countries

Chapter:
(p.123) { 6 } Economic Perspectives on Some Important Dimensions of Early Childhood Development in Developing Countries
Source:
Handbook of Early Childhood Development Research and Its Impact on Global Policy
Author(s):

Jere R. Behrman

Sergio S. Urzúa

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199922994.003.0006

Delayed child development is a cumulative process that starts as early as in the womb and, once begun, may be difficult (or very costly) to reverse during school years and adulthood. This explains why early childhood development (ECD) has been recognized as having high returns over the life cycle in both developing and developed countries. Yet, very little is known with confidence about the economic justification for ECD programs in general and in developing countries in particular. The economic justification must depend on the comparison of benefits and costs of each ECD program. In this chapter, we review what is known and, perhaps more importantly, what is not known about components of economic analysis of ECD programs.

Keywords:   early interventions, child development, cost–benefit analysis, program evaluation, developing countries

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