Assuming the relation between test scores and future growth is indeed causal, the OECD study also works out the economicbenefits of improving cognitive skills by the equivalent of nine months' worth of schooling.
"Taken alongside other important reforms like the New Homes Bonus and the retention of local business rates this will also give councils a much greater stake in the economicfuture of their areas, and better placed to help their residents off welfare and able to reap the benefits of work instead, " he said.
In its own way, the future liabilities for some top law firms mirror similar problems across the U.S. Benefits promised in more stable economic times seem increasingly unsustainable today.