Katelyn Donnelly

Beyond the Mirage suggests government leaders around the world needs to act pragmatically for the best combinations of both public and private education. Instead of considering the issues as a matter of inputs, they argue, look at the outcomes.

This report provides an actionable guide to learning technology that will allow founders, funders, and teachers to make better decisions. It identifies persistent gaps in innovation activity and points to what needs to be done if we are to finally make good on the promise of technology to transform learning.

The authors argue that we should seek digital innovations that produce at least twice the learning outcome for half the cost of our current tools. To achieve this, three forces… Show more

This report provides an actionable guide to learning technology that will allow founders, funders, and teachers to make better decisions. It identifies persistent gaps in innovation activity and points to what needs to be done if we are to finally make good on the promise of technology to transform learning.

The authors argue that we should seek digital innovations that produce at least twice the learning outcome for half the cost of our current tools. To achieve this, three forces need to come together. One is technology, the other pedagogy, and the third is change knowledge, or how to secure transformation across an entire school system.

The core of the report is the development of an Index that brings these three elements together, and which allows us to systematically evaluate new digital innovations. We hope that the Index will be used to guide decision making, policy making and innovation effort. Show less

'Our belief is that deep, radical and urgent transformation is required in higher education as much as it is in school systems. Our fear is that, perhaps as a result of complacency, caution or anxiety, or a combination of all three, the pace of change is too slow and the nature of change too incremental.'

‘Should we fail to radically change our approach to education, the same cohort we’re attempting to “protect” could find that their entire future is scuttled by our timidity.’
David… Show more

'Our belief is that deep, radical and urgent transformation is required in higher education as much as it is in school systems. Our fear is that, perhaps as a result of complacency, caution or anxiety, or a combination of all three, the pace of change is too slow and the nature of change too incremental.'

‘Should we fail to radically change our approach to education, the same cohort we’re attempting to “protect” could find that their entire future is scuttled by our timidity.’
David Puttnam, MIT, 2012

This wide-ranging essay aims to provoke creative dialogue and challenge complacency in our traditional higher education institutions.

'Just as globalisation and technology have transformed other huge sectors of the economy in the past 20 years, in the next 20 years universities face transformation.'

With a massive diversification in the range of providers, methods and technologies delivering tertiary education worldwide, the assumptions underlying the traditional relationship between universities, students and local and national economies are increasingly under great pressure – a revolution is coming. Show less

This publication assumes the near certainty that the Pacific region will take primary leadership of the global economy in the near future and explores the implications for their education systems. First the essay explores the historic insights from the Atlantic’s rise to global leadership and then outlines the economic transformation over the last fifty years that has shifted leadership from the Atlantic to Pacific Asia. Second it lays out a new model for fostering innovation among individuals,… Show more

This publication assumes the near certainty that the Pacific region will take primary leadership of the global economy in the near future and explores the implications for their education systems. First the essay explores the historic insights from the Atlantic’s rise to global leadership and then outlines the economic transformation over the last fifty years that has shifted leadership from the Atlantic to Pacific Asia. Second it lays out a new model for fostering innovation among individuals, teams, organisations and society as a whole. The authors recommend a combination of best practices in coherent reform of education systems together with the latest thinking on unlocking systemic innovation to produce the whole system revolution which will be required to inspire a generation and produce global leaders able to rise to the challenge of the 21st century Show less

Credit levels will need to double over the next 10 years, growing by US$ 103 trillion, to support consensus-projected economic growth. This doubling of credit could be achieved without increasing the risk of major crisis, finds More Credit with Fewer Crises: Responsibly Meeting the World’s Growing Demand for Credit, a report released by the World Economic Forum in collaboration with McKinsey & Company. The study develops a detailed global credit model using historical credit volumes and… Show more

Credit levels will need to double over the next 10 years, growing by US$ 103 trillion, to support consensus-projected economic growth. This doubling of credit could be achieved without increasing the risk of major crisis, finds More Credit with Fewer Crises: Responsibly Meeting the World’s Growing Demand for Credit, a report released by the World Economic Forum in collaboration with McKinsey & Company. The study develops a detailed global credit model using historical credit volumes and forecasting potential credit demand to 2020 across 79 countries, representing 99% of world credit volume. The study applies a sustainability methodology to the projected credit demand, using newly developed metrics to answer the following two questions: Will credit growth be sufficient to meet demand? Is there a risk of future credit crises and, if so, where? Show less

Historically, United States mutual funds have often calculated their asset values for international mutual funds using stale prices, because some fund components finish trading before the market closes. This resulted in daily fund returns becoming predictable. This allows an arbitrage opportunity for investors who move their money at the end of the United States trading day to profit from the next-day change in Asian and European equities. This acts as a tax on other investors in mutual funds… Show more

Historically, United States mutual funds have often calculated their asset values for international mutual funds using stale prices, because some fund components finish trading before the market closes. This resulted in daily fund returns becoming predictable. This allows an arbitrage opportunity for investors who move their money at the end of the United States trading day to profit from the next-day change in Asian and European equities. This acts as a tax on other investors in mutual funds that hold non-United States assets. This paper quantitatively traces the history of this phenomenon, known as time-zone arbitrage (TZA), in various mutual funds, particularly the Vanguard Fund Family, before and after the phenomenon became well known. The opportunity for TZA has diminished but not disappeared. This shrinkage together with the advent of Exchange-Traded Funds – which are not subject to time-zone arbitrage – makes investment in Asia and Europe more profitable for American mutual fund investors. This should increase Show less