We often hear global leaders how one of the most important things for us, the elders, is to work and invest for the youth. They say that investing in the youth is an investment in the future. It’s fair to say that all politicians, investors, influencers and entrepreneurs are on the same page when it comes to this topic.
But is that really the case? We’ll dive a bit deeper into this topic and explain why investing in youth is investing in the future. We’ll also share some words on how authorities invest money in the youth.
How Does the Government Invest in Youth?
There are actually a lot of ways through which the government invests in the youth. The most popular way is to make efforts to create a better education system. The more educated the kids are, the more likely they are to become successful leaders in the future. Some of those successful leaders are destined to become brave politicians who will navigate the waters and strengthen the country in every aspect of the world.
When it comes to investing in education, authorities do this through a lot of sources. In recent years, one of the best efforts is related to the online gambling industry, believe it or not. The online gambling industry is experiencing a massive rise across the world.
As such, governments are looking to create effective regulations for them. In doing so, they don’t just protect their players from unlicenced sites but also collect tax money. Licenced platforms can offer various fair games such as slots and roulette. After the casino had the roulette rules explained to the players, they proceed to play them.
That’s how a casino makes its revenue. The more revenue it generates, the more tax it has to pay to the government. In many states, tax revenue exceeds hundreds of millions of dollars on an annual level.
A major portion of that money is then directed towards education. They build schools, provide kids with better equipment, give teachers further training and better paychecks, etc. All of these investments lead to a better education system, which ultimately leads to a better future.
Investing in the Future Through the Youth
There’s no denying the fact that young people possess the energy, creativity, adaptability and bravery to change the world. However, that’s only possible if they have the proper support. Research states that due to negative youth behaviour in Latin America and the Caribbean, the economic growth of the countries goes down by 2% annually.
By investing in the youth, you prepare them for the challenges that lie ahead. With proper education, they’ll be ready to either start working right after they finish college or even start their own businesses.
Through good education, they will have the foundation needed to learn how to run a business successfully. That means that they can open more work positions and put other people in a position where they can earn and chase their dreams.
Educated young people are also active in the world of politics. That doesn’t necessarily mean that they become politicians. It also means that they’re able to make good decisions and vote for leaders who can successfully strengthen their country’s position on the global market.
Of course, they’re capable of becoming politicians themselves and making efforts to lead their country on a better path.
Last but not least, the more educated the youth are, the more likely they are to contribute towards society in a better way. This doesn’t just include running businesses and being politically active. It means that they can take better care of the environment, be great parents when the time comes and help those in need.
Countries With The Best Education Systems for Young People
When it comes to educating the youth, the top five countries in the world are the UK, the USA, Australia, the Netherlands and Sweden. All of them are proud to offer fantastic systems in which young people can receive the best education. Additionally, these countries are top-rated based on the global opportunity index.
Country | Best universities | Global opportunity index |
UK | Oxford, Imperial College London, Cambridge, UCL, University of Edinburgh | 69.79 |
USA | MIT, Harvard, Stanford, Caltech, University of Pennsylvania | 68.74 |
Australia | University of Melbourne, University of Sydney, UNSW Sydney, ANU, Monash University | 67.52 |
Netherlands | Delft University of Technology, Utrecht University, University of Amsterdam, Eindhoven University of Technology, Leiden University | 67.21 |
Sweden | KTH Royal Institute of Technology, Chalmers University of Technology, Stockholm University, Uppsala University, Lund University | 66.96 |
The US completely dominates in terms of the best universities. Three out of the top five universities in the world are located here – the Massachusetts Institute of Technology (MIT), Stanford University and Harvard. On the flip side, the top five countries where it’s currently the toughest to get a decent education are:
- Mali
- Niger
- Burkina Faso
- Yemen
- Chad
Other countries include Guinea, Senegal, Djibouti, Sierra Leone and Afghanistan.