this research show, through an analysis of the institutional design and the implementation of the program, that the program for educational aids Paces, in Colombia, in the 1992-1998 term, did not accomplish its short-term and long-term objectives. The fact that the opportunity cost for the lost revenues was not included in the value of the "bono" and the poor control and monitoring of the intervening schools, particularly those that were created with the program, are some of the issues that had an effect on the results. At the end, we present some proposals for a better design of this type of programs that makes possible reaching the objectives proposed as to "covertures", quality, and equity.
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Article provided by Universidad de Antioquia, Departamento de Economía in its journal LECTURAS DE ECONOMÍA.
Volume (Year): (2004) Issue (Month): 60 (Enero-Junio) Pages: 67-95 Download reference. The following formats are available: HTML
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