Improving Education Governance and Financing: A Bigger Role for the Private Sector
What are the key obstacles in financing education? Who should be held accountable for ensuring that children receive a good quality education? These questions are at the heart of the debate going on in the post-2015 development agenda’s Global Consultation on Education, which is wrapping up this week. With a massive financing gap of $16 billion per year needed to achieve education for all by 2015, it is clear that more funding is needed. But increased financing is only one part of the equation: more effective and equitable aid is the other. Ensuring more effective aid isn’t a question of a public or private financing, but of working smarter and more collaboratively to bring the lessons of what works and what doesn't in both the public and private systems to the poorest of the poor, to places where neither government nor market approaches on their own are solving the education crisis.
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