On June 15, representatives from the World Bank, UNICEF, and ISET gathered to analyze challenges and achievements in Vocational Education and Training (VET) in Georgia, as a part of the Education Policy Forum. The event was opened by Ozan Sevimli (the World Bank Program Coordinator for the South Caucasus), Ms. Laila Omar Gad (UNICEF's Representative to Georgia), Eric Livny (President of ISET), and Ketevan Natriashvili (Deputy Minister of Education).

The number of foreign students has been steadily increasing around the world. More and more students choose to earn a degree outside of their home countries. Education internalization plays a key role in the development of today’s educational systems, and the impact of international students goes beyond their short-term financial effect on the economy; it plays a vital role in social cohesion and the development of international networks, etc.

Given Georgia’s dysfunctional educational sector, it is impressive how many Georgians excel intellectually. For example, ISET regularly sends some of its graduates to the best Ph.D. programs in the world, proving that many Georgians succeed in realizing their intellectual potentials despite unfavorable conditions. At the same time, we notice that a considerable share of students who get enrolled at ISET are not well-endowed with essential knowledge and competencies, lacking, for example, presentation skills, writing proficiency, and resourcefulness in discussion and argumentation.

Nobel-winning economist James Heckman proclaimed that “the data speak for itself” after he carried out an experiment known as the 'Perry pre-School Project' and discovered that investing in high-quality preschool education brings returns of around 14 percent – a rate of return that is much higher than standard returns on stock market equity (7.2 percent).

Between 2000 and 2012, Sweden fell in the Programme for International Student Assessment (PISA) by 16 places from the 7th to the 23rd rank, and in the 2015 PISA study, Sweden ranked 28th of 34 countries in mathematics! As the OECD writes: “No other PISA-participating country saw a steeper decline in student performance over the past decade than Sweden.” Who is to blame?