Surprisingly, spending more money on education is not the most important thing, according to the Economist. The main conclusion of the article seems to be "diversity of approach": Try as many different educational formats as possible and build upon what works best. Oh... and of course, the obvious: Good teachers. Oh... and of course, the also obvious: Good parents.
Here are the PISA (Programme for International Student Assessment) educational rankings by country for 2008.
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