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The benefits and costs of good child care: The economic rationale for public investment in young children -- A policy study

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Cleveland, Gordon & Krashinsky, Michael
Publication Date: 
1 Mar 1998

Full report available in print in English and French for order. English version available for download.

This study examines the economic argument concerning the investment of public funds in the education and care of young children across the economic spectrum. Using traditional economic analysis, it concludes that the developmental benefits to children in high quality early childhood education and child care programs and the benefits of employment to parents significantly exceed the costs. Thus, publicly-funded, high quality early childhood education and care would represent a prudent and productive use of scarce public funds.

A summary is also available in English; see AVAILABILITY above for link.