FreshEd #138 – Education’s Financing Crisis (Keith Lewin)
FreshEd
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The Financing Gap in Education
This chapter explores the concept of the financing gap in education, focusing on African countries and their efforts to meet the Sustainable Development Goals (SDG4). It discusses the challenges of allocating sufficient funding for new school places, buildings, and teachers, emphasizing the need for increased spending on education and the impact of demography and tax revenue collection. The chapter also highlights the risks of relying solely on aid for recurrent financing and the importance of establishing sustainable fiscal states.
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