Options for Financing Lifelong Learning

Options for Financing Lifelong Learning PDF Author: Miguel Palacios
Publisher: World Bank Publications
ISBN:
Category : Adult education
Languages : en
Pages : 36

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Book Description
How should lifelong learning be financed? The author attempts to answer the question by creating a framework for analyzing different education financing mechanisms in light of particular characteristics of lifelong learning. The framework compares the different financing alternatives on four dimensions: (1) who ultimately pays for the education, (2) who finances its immediate costs, (3) how payments are made, and (4) who collects the payments. The author uses specific characteristics of lifelong learning to determine which among the financing alternatives are most useful. The characteristics are that the individual should decide what and where to study, carry a significant part of the financial burden, and be encouraged to continue learning through all life stages. The author analyzes the financing alternatives according to who ultimately pays for the education. Hence, the alternatives are classified either as cost-recovery or cost-subsidization alternatives. Cost-recovery alternatives include traditional loans, a graduate tax, human capital contracts, and income-contingent loans. Subsidization alternatives are those in which the state directly subsidizes institutions or in which the state gives vouchers to students. The author concludes that combining income-contingent loans and human capital contracts with vouchers is the most efficient and equitable method for financing lifelong learning. The author discusses the role of governments and multilateral organizations in improving the financing of lifelong learning. He assesses shifting toward cost-recovery alternatives, focusing on collection of payments, and aiming for the involvement of private capital as key issues that should be addressed to ensure that lifelong learning will be available for all equitably and efficiently.

Options for Financing Lifelong Learning

Options for Financing Lifelong Learning PDF Author: Miguel Palacios
Publisher: World Bank Publications
ISBN:
Category : Adult education
Languages : en
Pages : 36

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Book Description
How should lifelong learning be financed? The author attempts to answer the question by creating a framework for analyzing different education financing mechanisms in light of particular characteristics of lifelong learning. The framework compares the different financing alternatives on four dimensions: (1) who ultimately pays for the education, (2) who finances its immediate costs, (3) how payments are made, and (4) who collects the payments. The author uses specific characteristics of lifelong learning to determine which among the financing alternatives are most useful. The characteristics are that the individual should decide what and where to study, carry a significant part of the financial burden, and be encouraged to continue learning through all life stages. The author analyzes the financing alternatives according to who ultimately pays for the education. Hence, the alternatives are classified either as cost-recovery or cost-subsidization alternatives. Cost-recovery alternatives include traditional loans, a graduate tax, human capital contracts, and income-contingent loans. Subsidization alternatives are those in which the state directly subsidizes institutions or in which the state gives vouchers to students. The author concludes that combining income-contingent loans and human capital contracts with vouchers is the most efficient and equitable method for financing lifelong learning. The author discusses the role of governments and multilateral organizations in improving the financing of lifelong learning. He assesses shifting toward cost-recovery alternatives, focusing on collection of payments, and aiming for the involvement of private capital as key issues that should be addressed to ensure that lifelong learning will be available for all equitably and efficiently.

Options for Financing Lifelong Learning

Options for Financing Lifelong Learning PDF Author: Miguel Palacios
Publisher:
ISBN:
Category : Adult education
Languages : en
Pages : 40

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Book Description


Lifelong Learning in the Global Knowledge Economy

Lifelong Learning in the Global Knowledge Economy PDF Author:
Publisher: World Bank Publications
ISBN: 9780821354759
Category : Education
Languages : en
Pages : 172

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Book Description
The growth of the global knowledge economy is transforming the demands of the labour market in economies worldwide. It will require workers to develop new skills and knowledge, whilst education systems will need to adapt to the challenges of lifelong learning, and these changes will be as crucial in transition and developing economies as it is in the developed world. This publication explores how lifelong learning systems can encourage growth, discusses the changing nature of learning and the expanding role of the private sector in education, and considers the policy and financing options available to governments to address the challenges of the global knowledge economy.

The Great Mental Models, Volume 1

The Great Mental Models, Volume 1 PDF Author: Shane Parrish
Publisher: Penguin
ISBN: 0593719972
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Discover the essential thinking tools you’ve been missing with The Great Mental Models series by Shane Parrish, New York Times bestselling author and the mind behind the acclaimed Farnam Street blog and “The Knowledge Project” podcast. This first book in the series is your guide to learning the crucial thinking tools nobody ever taught you. Time and time again, great thinkers such as Charlie Munger and Warren Buffett have credited their success to mental models–representations of how something works that can scale onto other fields. Mastering a small number of mental models enables you to rapidly grasp new information, identify patterns others miss, and avoid the common mistakes that hold people back. The Great Mental Models: Volume 1, General Thinking Concepts shows you how making a few tiny changes in the way you think can deliver big results. Drawing on examples from history, business, art, and science, this book details nine of the most versatile, all-purpose mental models you can use right away to improve your decision making and productivity. This book will teach you how to: Avoid blind spots when looking at problems. Find non-obvious solutions. Anticipate and achieve desired outcomes. Play to your strengths, avoid your weaknesses, … and more. The Great Mental Models series demystifies once elusive concepts and illuminates rich knowledge that traditional education overlooks. This series is the most comprehensive and accessible guide on using mental models to better understand our world, solve problems, and gain an advantage.

Co-financing Lifelong Learning Towards a Systemic Approach

Co-financing Lifelong Learning Towards a Systemic Approach PDF Author: OECD
Publisher: OECD Publishing
ISBN: 9264018123
Category :
Languages : en
Pages : 146

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Book Description
This book identifies important economic barriers to expanded investment in lifelong learning, describes outlines financial strategies for addressing them, and reviews recent experience with various co-financing schemes. Country-by-country reports are included.

The Routledge International Handbook of Lifelong Learning

The Routledge International Handbook of Lifelong Learning PDF Author: Peter Jarvis
Publisher: Routledge
ISBN: 1135202524
Category : Education
Languages : en
Pages : 744

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Book Description
As lifelong learning grows in popularity, few comprehensive pictures of the phenomenon have emerged. The Routledge International Handbook of Lifelong Learning provides a disciplined and complete overview of lifelong learning internationally. The theoretical structure puts the learner at the centre and the book emanates from there, pointing to the social context beyond the learner. Up-to-the-minute syntheses from many of the leading international experts in the field give vital snapshots of this rapidly evolving subject from wide-ranging perspectives including: learning throughout life sites of lifelong learning modes of learning policies social movements issues in lifelong learning geographical dimensions. This authoritative volume, essential reading for academics in the field of Lifelong Learning, examines the complexities of the subject within a systematic global framework and places it in its socio-historic context.

Leading the Learning Revolution

Leading the Learning Revolution PDF Author: Jeff Cobb
Publisher: AMACOM Div American Mgmt Assn
ISBN: 0814432255
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
Continuing education is a booming, competitive market. Outperform the competition with this how-to-do-it-right guide.

Supporting Lifelong Learning

Supporting Lifelong Learning PDF Author:
Publisher: Routledge
ISBN: 1134512449
Category :
Languages : en
Pages : 231

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Book Description


Vulnerability in Consumption, Education, and Health

Vulnerability in Consumption, Education, and Health PDF Author: Edmundo Murrugarra
Publisher: World Bank Publications
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 52

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Book Description
The authors analyze the widespread effects of the financial crisis in Russia to explore the vulnerabilities of households in Moldova. They show that the crisis had differential impacts on households, affecting most the urban and better-off. Households' decisions about education and health resulted in decreased utilization and expenditures. The enrollment of young children from better-off households did not improve while others did. Secondary school enrollment of children from better-off households decreased after the crisis, in part because of the need to release labor supply. Health utilization decreased mainly for primary health care (not for hospitals), both for better-off households and in rural areas. Some of these changes are due to limited household resources (health), decreased public spending (health and education) or the need to increase households' labor supply (education of teenagers). Social benefits played a very limited role in mitigating these effects, solely in health care use. Households' assets helped to offset some of the negative effects of declining incomes.

Renegotiation of Concession Contracts in Latin America

Renegotiation of Concession Contracts in Latin America PDF Author: J. Luis Guasch
Publisher: World Bank Publications
ISBN:
Category : Concessions
Languages : en
Pages : 48

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Book Description
The authors construct a regulation model in which renegotiation occurs due to the imperfect enforcement of concession contracts. This enables the authors to provide theoretical predictions for the impact on the probability of renegotiation of a concession, regulatory institutions, institutional features, economic shocks, and the characteristics of the concession contracts. Then they use a data set of nearly 1,000 concessions awarded in Latin America and the Caribbean countries from 1989 to 2000 covering the sectors of telecommunications, energy, transport, and water to test these predictions. Finally, the authors derive some policy implications of their theoretical and empirical work.