ERIC Number: ED337364
Record Type: RIE
Publication Date: 1990-Mar
Reference Count: N/A
The Impact of the Debt Crisis on Educational Development in Latin America.
This paper presents an overview of the impact of the Latin American external debt on education in all the countries of the region. The dynamics of the adjustment programs that countries have undertaken in response to the "debt crisis" are examined featuring Costa Rica. The adjustment programs changed the climate in which educational policy decisions are made (including financial decisions). The new climate has devalued the long term giving and focused on the short term. Cuts have been made where it is easiest (politically) and not where it is more efficient (technically). The result is a set of distortions that will result in net losses in efficiency and equity in the provision of education. This paper examines the nature of those distortions. A number of tables of data are included throughout the report. A 26-item list of references is also included. (DB)
Descriptors: Case Studies, Debt (Financial), Developing Nations, Economic Development, Economic Factors, Economic Impact, Educational Equity (Finance), Educational Finance, Educational Policy, Elementary Secondary Education, Financial Policy, Financial Problems, Foreign Countries, International Education, Tables (Data)
Publication Type: Reports - Descriptive; Speeches/Meeting Papers
Education Level: N/A
Authoring Institution: N/A
Identifiers: Costa Rica; Latin America
Note: Paper presented at the Annual Conference of the Comparative and International Education Society (Anaheim, CA, March 1990).