Regional Economic Development; Access & Equity in Basic Education; Tertiary Education; Secondary Education; Education For All
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Summary: Chile is Latin America's most successful economy and enjoys great natural wealth. Over recent years the country has made progress not only in economic development, but also in educational reforms. Despite this progress, higher education attainment rates and the Research and Development (R&D) intensity remain low. The current Organization of Economic Cooperation and Development (OECD)/World Bank review of higher education in regional and city development in the Bio Bio region confirms that Chile is ready for the second generation of higher education reforms to improve quality of education, to address challenges in equity and to improve employability outcomes and knowledge transfer. For reasons of both equity and competitiveness, education and the improvement of human capital should continue to be a priority for the Chilean government also in the coming years. Chile has made greater decentralization a priority in order to unleash the potential of its regions. Regional planning has been transferred to regional governments and promising reforms are underway. But more work is needed. In spite of recent measures, Chile remains centralized with more pronounced regional disparities than in most OECD countries. Administrative and financial limitations remain, and the regional agenda continues to be determined by national guidelines. There is a concentration around Santiago in the metropolitan region in terms of decision making, business activity, work force, higher education and R&D. In addition, the concentration of Chile's innovation system slows down the development of regional innovation systems.
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