PPPI Resource Library: Education (go back)

		Education Title: Private sector involvement in education a review of World Bank activities Author(s): Harry Anthony Patrinos; Naoki Umemiya, Posted Date: Monday, May 21, 2007 Keywords: capacity building, operating costs, Pacific Region, private providers, Private Sector, Private Sector Participation, privatization, public-private partnerships, Regulatory reforms, Vietnam Copyrights: Type: File Decription: The global market for education is large and growing, estimated by some to be worth more than $2 trillion. Employment in the education sector makes up about 5 percent of the total labor force in most countries. Household spending on education is considerable in many countries. Despite massive expansion of education supply in many years, there are still many children in low income countries without access, and large unmet demand for higher education in many countries. Yet, the returns to education remain relatively high, and in the case of middle income countries are increasing. In order to improve the delivery and expand access to education, a number of projects inanced by the World Bank include efforts to increase the participation of the private sector in the education system. These projects aim to: respond to excess demand; improve the quality of privately provided educational services; increase private sector access to public funding; promote teacher training for primary and secondary education; and support system wide capacity building at tertiary and vocational levels. Download File: Private sector involvement in education a review of World Bank activities.pdf (445K)