ERIC Number: ED462761
Record Type: Non-Journal
Publication Date: 2000-Dec
Reference Count: N/A
Educational Financing and Budgeting in Lao PDR. Financial Management of Education Systems. Working Document.
Bouapao, Lytou; Sengchandavong, Ouam; Sihavong, Siphandone
This study provides an indepth description of financial management and budgetary procedures for education as well as a detailed analysis of major problems, recent developments, and new issues in Cambodia, Laos, and Vietnam. Laos, formerly one of the centrally planned economies, was previously considered "dormant" because of its limited interaction with the outside world. The chronic underfunding of the Lao educational system has been responsible for high dropout and repetition rates, and low enrollments at postprimary levels. The large disparities in the allocation of resources among provinces, and among different levels of education in terms of unit costs, remain a serious problem. The recent transition to a market economy and, since 1997, the devastating impact of the Asian financial crisis have encouraged the Lao government to practice budget cuts, to improve financial discipline and transparency, and to review its policies and practices in educational finance and budgeting. The increasing role of foreign donors, more rational budgetary procedures within a medium-term perspective and mechanisms of cost-sharing and financial diversification are some of the major challenges addressed in this book. An appendix contains background information on the Lao PDR, statistical tables, and charts. (RT)
Descriptors: Budgeting, Educational Finance, Elementary Secondary Education, Equal Education, Finance Reform, Foreign Countries, Money Management
International Institute for Educational Planning/UNESCO, 7-9 rue Eugene-Delacroix, 75116 Paris, France ($10). Tel: +33(1) 45 03 77 00; Fax: +33(1) 40 72 83 66; Web site: http://www.unesco.org/iiep; e-mail: email@example.com. For full text: http://www.unesco.org/iiep/english/pubs/recent/rec8.htm.
Publication Type: Books; Reports - Research
Education Level: N/A
Authoring Institution: United Nations Educational, Scientific, and Cultural Organization, Paris (France). International Inst. for Educational Planning.
Identifiers - Location: Asia; Cambodia; Laos; Vietnam