WISE 2011 DEB2.7- Exploring Alternative Financing in Developing Countries - Part 2
43 views · Published 25 June 2012 · 5:35 · Indexed 6 November 2026
Channel: WISE Channel · 2012 · Education
Non-state actors, including private sector organization and international and domestic NGOs are playing an increasingly important role in providing funding for education, particularly in less developed countries. Families are also supporting schools through tuition fees. Alternative finance mechanisms, such as such as private equity funds, may help to encourage greater private sector investment in education. Community-level investments are important for increasing local engagement in schools.However, panelists agree that only governments can provide sustainable and predictable funding for schools and ensure that resources are distributed equitably. Governments will need to be more accountable for the effective use of funds for quality education before they seek additional funds.
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