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Minggu, 09 Januari 2011

EARLY IMPACT ASSESSMENT OF THE GLOBAL FINANCIAL CRISIS ON EDUCATION FINANCING: Country Case Studies

This paper presents key findings from an early impact assessment of the global financial crisis on education. Since 2008, global economic activities have decelerated and many governments face a trade-off between maintaining fiscal balance and expanding spending to counter the economic slowdown. Public education financing, which is key to achieving Education for All (EFA) and human resource development, is also undermined as a result of fiscal constraints. Case studies are presented in order to understand the effects on the financing of education in selected countries. Because governments are often the primary providers of educational services, an analysis of government financing is important for understanding the change in educational service provision. The presentation of observed impacts on government financing and education financing are separated because they are not necessarily affected in the same way. The findings are presented in four sections which follow the sequence of the impact of the crisis: • Section 2: the impact on government financing; • Section 3: the government response to the crisis; • Section 4: the government response to financing in the education sector; and • Section 5: other issues related to the education sector. The assessment was carried out using a case study approach (see Appendix I for the methodology used) , with 10 countries representing different regions of the world . The countries include: Bangladesh, Guatemala, Kenya, Namibia, Nepal, Rwanda, Sri Lanka, Swaziland, Timor-Leste and Yemen. The background for each country is presented in Appendix II , and Appendix III lists the literature reviewed for the analysis. The findings are not representative of global trends but rather serve as illustrations of responses to the crisis. The evaluation is designed to be as objective and evidence-based as possible, despite difficulties in obtaining data from many countries. It is also important to note that this situation is in a constant state of change.

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