Document: Education on the Brink: Will the IMF’s New Lease on Life Ease or Block Progress on Education Goals

Global Campaign for Education
Publication Date:
Fri, 20/04/2012 - 19:34
File Size:
0.00 B


When world leaders gathered in 2000 to pledge education for all by 2015 there were 100 million children out of school. Since then there has been dramatic progress made so that today there are 25 million fewer children out of school and, given population growth, 40 million more children are in school. Clearly progress needs to be accelerated in the coming years if the goals are to be achieved, but with the onset of the global financial recession in 2008 there are fears that this progress may be stalled. Much depends on how governments respond to the financial crisis and whether investment in education is seen to be part of the 
solution to the crisis.
The first section of this report makes the case for investment in education, specifically in teachers, as a key part of the response to the recession in Lower Income Countries. Section 2 outlines the obstacles to expanding investment in education – and scrutinises how the traditional policy conditions and recent policy changes made by the IMF affect education. Section 3 then looks at the promises of change and the new instruments being developed. Has there been any change in practice in the IMF’s approach since the global recession became clear in September 2008?  Section 4 asks whether aid can be part of the solution and explores how the IMF policies impact on aid to education. Finally we draw conclusions and lay out recommendations for the future.
[Quoted from Author]
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