This book focuses on the impact of private education in developing countries, such as Argentina, Brazil, Colombia, India, Indonesia, Peru, Romania, Russia, South Africa, and Zimbabwe. The private education sector is large and innovative in the countries studied and not the domain of the wealthy. Contrary to popular opinion, private education in developing countries does not foster economic inequality, instead it provides social responsibility programs, subsidized placements, and student loan schemes. Factors are identified that impede or facilitate private education with a special focus on the role of regulatory regimes. Finally, ways the existence of an innovative private education sector could influence education policy as practiced by international agencies and national governments are explored. Chapter titles include: (1) "Case Studies of Private Education"; (2) "Factors for Success"; (3) "Equity Issues"; (4) "Regulation and Investment Climate"; and (5) "Conclusions and Policy Proposals." (Contains 28 references.) (RJC)