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ERIC Number: EJ778870
Record Type: Journal
Publication Date: 2003-Nov
Pages: 16
Abstractor: Author
Reference Count: 0
ISSN: ISSN-0738-0593
Economic Analysis of World Bank Education Projects and Project Outcomes
Vawda, Ayesha Yaqub; Moock, Peter; Gittinger, J. Price; Patrinos, Harry Anthony
International Journal of Educational Development, v23 n6 p645-660 Nov 2003
This paper tests the hypothesis that World Bank education projects have a higher likelihood of being successful if at the time of appraisal, they underwent good quality economic analysis. Analysis shows a strong relationship between the quality of cost-benefit analysis and cost-effectiveness analysis and the quality of project outcomes. Economic analysis of projects is a tool for weeding out potentially poor investments and selecting potentially worthwhile ones. Good practice education projects require good economic analysis--analysis of demand, of the counterfactual private sector supply, of the project's fiscal impact, of lending's fungibility--and strong sector work before project design.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A