Friday, February 15, 2008

Educational Testing and Foreign Aid

I've been neglecting my blogging for a while now and I'll have more to say about that soon. I just had an idea that I didn't want to escape back to G-d's storehouse, so I am going to jot it down here.

What if we pay foreign aid to a developing country to help fund a program that monetarily rewards young people for good performance on some sort of test on fundamental human capital accumulation, such as a math test or possibly an English test. With enough funding this could potentially become an important source of income for households in the very and ultra poor category, it could help establish a culture of learning and potentially interrupt a cycle of poverty in a developing country.