Public Education Expenditure and Other Determinants of Private Investment in the Caribbean
Public Education Expenditure and Other Determinants of Private Investment in the Caribbean

Author: Mr.Benedict J. Clements

Publisher: International Monetary Fund

Published: 1994-10-01

Total Pages: 28

ISBN-13: 1451854420

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This paper presents an analysis of the determinants of private investment in the Caribbean region, using data for the 1977-91 time period. Drawing on the endogenous growth literature, a model is developed to capture the impact of public education expenditure on private sector capital formation. The implications of this model are tested in the context of an econometric model assessing the impact of education and other variables on the share of private investment in GDP. The empirical results reveal that public education outlays, as well as economic growth, have a significant effect on private capital formation. Public investment has a negative effect on private investment, while real interest rates and external debt burdens are found to have no statistically significant impact on private investment.

Education for Development
Education for Development

Author: George Psacharopoulos

Publisher: Oxford University Press, USA

Published: 1985

Total Pages: 360

ISBN-13:

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Drawing on the World Bank's twenty years of experience in education sector analysis and research, this book analyzes the policy issues facing educational planners, administrators, and policymakers in developing countries in choosing alternative strategies of educational investment.

Working Paper Summaries (WP/94/77 - WP/94/147)
Working Paper Summaries (WP/94/77 - WP/94/147)

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1995-02-01

Total Pages: 94

ISBN-13: 1451843208

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Authors of Working Papers are normally staff members of the Fund or consultants, although on occasion outside authors may collaborate with a staff member in writing a paper. The views expressed in the Working Papers or their summaries are, however, those of the authors and should not necessarily be interpreted as representing the views of the Fund. Copies of individual Working Papers and information on subscriptions to the annual series of Working Papers may be obtained from IMF Publication Services, International Monetary Fund, 700 19th Street, Washington, D.C. 20431. Telephone: (202) 623-7430 Telefax: (202) 623-7201 This compilation of summaries of Working Papers released during July-December 1994 is being issued as a part of the Working Paper series. It is designed to provide the reader with an overview of the research work performed by the staff during the period.

The Role and Impact of Public-private Partnerships in Education
The Role and Impact of Public-private Partnerships in Education

Author: Harry Anthony Patrinos

Publisher: World Bank Publications

Published: 2009-01-01

Total Pages: 116

ISBN-13: 0821379038

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The book offers an overview of international examples, studies, and guidelines on how to create successful partnerships in education. PPPs can facilitate service delivery and lead to additional financing for the education sector as well as expanding equitable access and improving learning outcomes.

The Public Sector in the Caribbean
The Public Sector in the Caribbean

Author: Vinaya Swaroop

Publisher: World Bank Publications

Published: 1999

Total Pages: 36

ISBN-13:

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May 1996 The public sector's performance in the Caribbean varies, in reducing poverty and in creating an enabling environment for growth. Barbados and the Bahamas have been the high performers, Guyana and the Dominican Republic have been sluggish, and the other Caribbean countries fall in between. In the Caribbean region, the public sector is now the predominant provider of tertiary education and health services (university education and hospital-based curative care), which mainly benefit the nonpoor. Attempts must be made to recover costs from high-income users and use that revenue to improve the quality and quantity (as appropriate) of basic services. Lessons from experience suggest that most Caribbean countries need to encourage the private sector to participate more in providing infrastructure and need to provide a better regulatory framework. The good news: this is already taking place in many countries.

Saving for Development
Saving for Development

Author: Inter-American Development Bank

Publisher: Springer

Published: 2016-07-08

Total Pages: 352

ISBN-13: 1349949299

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Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their enterprises, employ more workers in better jobs, and produce quality goods. Governments must save to build the infrastructure required by a productive economy, provide quality services to their citizens, and assure their senior citizens a dignified, worry-free retirement. In short, countries must save not for the proverbial rainy day, but for a sunny day - a time when everyone can bask in the benefits of growth, prosperity, and well-being. This book is open access under a CC BY-NC-ND 3.0 IGO license.