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Can cost-benefit analysis guide education policy in developing countries ?

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  • Jimenez, Emmanuel
  • Patrinos, Harry Anthony

Abstract

Cost-benefit analysis in education is an important tool in the economists'arsenal. However, it is essential that research, especially on the social benefits of education, make further progress to make cost-benefit more analysis. There is a need for more research on the effects of policy interventions on outcomes beyond access to a year in school and what they earn as a result, such as on what children actually learn. Such research should focus on ensuring that the interventions are attributable to outcomes. Nevertheless, it is worthwhile to go through the discipline of noting the benefits and costs, even if social rates of return cannot be calculated robustly.

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Bibliographic Info

Paper provided by The World Bank in its series Policy Research Working Paper Series with number 4568.

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Date of creation: 01 Mar 2008
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Handle: RePEc:wbk:wbrwps:4568

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Related research

Keywords: Education For All; Primary Education; Teaching and Learning; Access&Equity in Basic Education;

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Cited by:
  1. Patrick J. McEwan, 2012. "Cost-effectiveness analysis of education and health interventions in developing countries," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 4(2), pages 189-213, June.
  2. Shubhashansha Bakshi, 2011. "Cost Effectiveness of Interactive Radio Instruction Program Karnataka: Basic and Program Cost Effectiveness," Working Papers id:4576, eSocialSciences.
  3. Diana Mihaiu, 2010. "Study Regarding The Efficiency Of Public Spending On Education At Eu Level Through Benchmarking," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 5(3), pages 201-214, December.

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