The Major Project in the Field of Education in Latin America and the Caribbean resulted from a consensus of the countries of the region concerning the necessity for a renewed, intensive, and sustained effort to meet unsatisfied basic educational needs between now and the year 2000. The five articles in this bulletin explore innovative alternatives that meet the requirements of a balanced educational development. "New Strategies for Education and Training Financing in the Third World" (S. Lourie) raises questions concerning understanding of the socioeconomic factors underlying the success or failure of various educational strategies. "The Teaching of Mathematics at Basic and Secondary Levels in Chile" (G. Galvez; I. Villarroel) discusses the history of mathematics instruction in Chile since 1967, describes the current situation, and makes recommendations for improvements. Charts and graphs are included. "Conclusions Surrounding the Quality of Education" (P. Lafourcade) proposes an evaluative process to help educational improvement. "Texts in Student Achievement and in Teaching Methodology: Primary Textbook Project in Jamaica" (N. A. George) is a study of the impact and effectiveness of the Primary Textbooks Project in Jamaica. "Teaching Aid Materials for the Teaching Staff Training in Bilingual Intercultural Education" (M. Amadio) discusses the content of materials used by teachers of indigenous peoples. Lists of activities and publications of the Regional Office for Education in Latin America and the Caribbean are appended. (JB)