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Education Matters for the Bottom of the Pyramid in Economic Development

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Global Issues in Banking and Finance

Part of the book series: Springer Proceedings in Business and Economics ((SPBE))

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Abstract

The research article is addressed around the education initiatives undertaken by the local non-profit sectors for the poor and marginalized population in Pakistan. The research also focuses on education initiatives and constraints faced by poor students, untrained teachers, and non-profit organizations. Child labor, family relocation, poor health and sanitation practices, and poor leadership are among the many hurdles. It is a world of actions, reactions and it continues to cycle. Decisions to attend school are not a choice, but a necessity for poor students. It is observed that children are confident, friendly, and have a burning desire for a better standard of living. Overall, the children are learning in both philanthropic and self-help approach, but learning levels are not meeting the goals set by the Higher Education Commission in Pakistan. To bring a paradigm shift in the system, parent-teacher meetings, and training teachers on elite-oriented curricula, English-spoken classes, giving financial incentives to both students and their parents can work as an incentive to motivate learning and overall economic development of Pakistan. The future of a nation is only bright when people are considered an asset.

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Correspondence to Amna Khaliq .

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Khaliq, A. (2019). Education Matters for the Bottom of the Pyramid in Economic Development. In: Ozatac, N., Gokmenoglu, K. (eds) Global Issues in Banking and Finance. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-030-30387-7_4

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