PPPI Resource Library: Education (go back)

		Education Title: Trends in Private Sector Development in World Bank Education projects Author(s): Shobbana Sosale Posted Date: Monday, May 21, 2007 Keywords: capacity building, operating costs, private providers, Private Sector, private sector investment, private sector participation, privatization, public-private partnerships, regulatory framework, sliding scale Copyrights: Type: File Decription: Education can be a strategic investment. Education is important for developing human capital, improving productivity and promoting economic growth. Historically education has been financed and provided by the private sector. During the 20 century, education became the domain of the public sector, to be funded and provided by governments for reasons of nation building, social integration, sharing a set of central values - all necessary to achieve social cohesion. Donors have assisted governments in their effort to improve the quality of education and to promote literate societies. In recent years, however, governments and donors have been working increasingly in resource constrained environments. This paper evaluates the context within which World Bank education projects have been developed in recent years. The paper traces the World Bank’s emerging trends for private sector development in education. It highlights changing trends in the financing and provision of education in some of the Bank’s client countries, and describes the types of support that the Bank is extending in response to the changing trends. The findings emphasizet he complementaryro le of the private sectori n financing and providing educational services. This research paper is part of the Economics of Education Thematic Group’s effort to synthesize and disseminate knowledge on private sector development in education. Download File: Trends in Private Sector Development in World Bank Education projects.pdf (3690K)