The financial worth to the UK of talking different languages

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The UK has skilled a pointy decline general within the uptake of languages since 2004, as evidenced by the falling variety of entries for GCSE and A Degree examinations in languages. At a time when the UK authorities seeks to reset its world financial relationships as a part of its imaginative and prescient of ‘World Britain’, such a decline is more likely to have detrimental results on the UK’s potential to compete internationally,

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This analysis assessed the financial worth of languages to the UK usually after which evaluated the potential financial advantages to the UK of bettering languages schooling in faculties.

The examine discovered that languages play a major function in worldwide commerce and that not sharing a typical language acts as a non-tariff commerce barrier. A key discovering of the examine is that investing in languages schooling within the UK will probably return greater than the funding value, even below conservative assumptions. The benefit-to-cost ratios are estimated to be a minimum of 2:1 for selling Arabic, French, Mandarin or Spanish schooling, that means that spending £1 might return roughly £2.

The report’s findings straight contribute to the proof base in worldwide economics and language coverage and ought to be of curiosity to policy- and decision-makers each in language coverage usually and in languages schooling specifically.

The analysis described on this report was funded by way of a analysis grant from the Arts and Humanities Analysis Council which was awarded to Professor Wendy Ayres-Bennett, College of Cambridge. The analysis was carried out collectively between the College of Cambridge and RAND Europe.

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