Enhancing the public provision of education: the economics of education reform in developing countries
AbstractThe comprehensive evaluation of education reforms in developing countries needs the consideration of the 'triangle'' quality-quantity-equity in the short, medium and long term, in a broader context than just the education system itself. There is no simple ‘recipe'' to enhance education, though some general results are found by means of simulation exercises. First, it is expensive and anti-economical to rely on a reform consisting in just more resources, since returns are decreasing. However, focused policies may improve the returns to the expenditure. Second, the timing of the reform matters: policies that are more productive in the short term may be less convenient than competing alternatives in the longer term. Third, effects of the reform are cumulative, and to evaluate it by its generally modest short-term merits may put it at risk of reversion, and/or hinder future investment in the sector
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 9 (2008)
Issue (Month): 26 ()
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Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
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