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Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1451859015
Category : Business & Economics
Languages : en
Pages : 64
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Book Description
This paper assesses the efficiency of education expenditure in Portugal and delineates a possible agenda for reform. Portugal’s low educational performance has coincided with the highest level of primary and secondary education expenditure to GDP in the Organization for Economic Cooperation and Development (OECD), suggesting considerable inefficiency. Empirical results from the application of a nonparametric technique for production frontier estimation (Free Disposable Hull analysis) support this view. Among the reforms that could be considered to raise educational efficiency are the adoption of a goal-oriented management and incentive system; establishment of minimum student/teacher ratios; and an easing of employment and work rules governing public school teachers.
Author: Mr.Benedict J. Clements
Publisher: International Monetary Fund
ISBN: 1451859015
Category : Business & Economics
Languages : en
Pages : 64
Get Book Here
Book Description
This paper assesses the efficiency of education expenditure in Portugal and delineates a possible agenda for reform. Portugal’s low educational performance has coincided with the highest level of primary and secondary education expenditure to GDP in the Organization for Economic Cooperation and Development (OECD), suggesting considerable inefficiency. Empirical results from the application of a nonparametric technique for production frontier estimation (Free Disposable Hull analysis) support this view. Among the reforms that could be considered to raise educational efficiency are the adoption of a goal-oriented management and incentive system; establishment of minimum student/teacher ratios; and an easing of employment and work rules governing public school teachers.
Author: Benedict J. Clements
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 70
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Book Description
This paper assesses the efficiency of education expenditure in Portugal and delineates a possible agenda for reform. Portugal’s low educational performance has coincided with the highest level of primary and secondary education expenditure to GDP in the Organization for Economic Cooperation and Development (OECD), suggesting considerable inefficiency. Empirical results from the application of a nonparametric technique for production frontier estimation (Free Disposable Hull analysis) support this view. Among the reforms that could be considered to raise educational efficiency are the adoption of a goal-oriented management and incentive system; establishment of minimum student/teacher ratios; and an easing of employment and work rules governing public school teachers.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451832125
Category : Business & Economics
Languages : en
Pages : 101
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Book Description
This Selected Issues paper examines the education system and public investment in Portugal. Both areas are generally considered as critical for Portugal’s prospects for sustaining or accelerating the drive toward real income convergence. Moreover, both areas absorb a substantial share of public resources and thus have important implications for fiscal balances, which are, under European Monetary Union, constrained by the Stability and Growth Pact. The paper assesses the performance of the Portuguese education system and delineates a possible agenda for reform. It also attempts to shed light on the role of public investment in Portugal.
Author: Ms.Keiko Honjo
Publisher: International Monetary Fund
ISBN: 145192240X
Category : Business & Economics
Languages : en
Pages : 61
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Book Description
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphere. The results show that, on average, countries in Africa are less efficient than countries in Asia and the Western Hemisphere; however, education and health spending in Africa became more efficient during that period. The assessment further suggests that improvements in educational attainment and health output in African countries require more than just higher budgetary allocations.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264026037
Category :
Languages : en
Pages : 147
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Book Description
This edition of OECD's periodic survey of Portugal's economy examines key economic challenges including putting public finances on a sustainable path, improving the performance of the education system, and creating a more dynamic business environment.
Author: Francesco Grigoli
Publisher: International Monetary Fund
ISBN: 1475505213
Category : Business & Economics
Languages : en
Pages : 34
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Book Description
Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in expenditure levels have not improved outcomes, suggesting that significant budgetary savings could be achieved through increases in efficiency.
Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1475557302
Category : Business & Economics
Languages : en
Pages : 81
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Book Description
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
Author: Brijesh Purohit
Publisher: Routledge
ISBN: 1317663705
Category : Business & Economics
Languages : en
Pages : 267
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Book Description
Government investments in social sector has always played an important role in tackling social issues and facilitated in the alleviation of poverty. Hence, budgetary expenditure to be mobilized for such investments needs to be efficiently allocated and utilized to maximize the greatest good. This book focuses on the social sector in India and provides an overview of the sector. The book looks at 15 major Indian states between the year 2000-2011 to see how these states had invested in social sector and whether they had met the criteria of efficient social sector investment. Using stochastic frontier models, the book provides an efficiency norm and making use of this normative estimate, it compares performance across 15 Indian states and suggests important policy implications to improve the future performance of the social sector. The book adopts various quantitative techniques in the analysis and establishes that inefficient and inappropriate allocation of inputs was made in both health and education sectors. The book suggests that such problems and future challenges could be overcome by an appropriate mix of emphasis in different activities. This book will provide insight for those who want to learn more about how to build the capacity of the social sector in more efficient manner by exploring the social sector of India.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264099840
Category :
Languages : en
Pages : 199
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Book Description
This 2003 edition of OECD's periodic review of Portugal's economy examines recent economic developments, policies and prospects and includes special features on public expenditure and structural reform.
Author: Arpita Ghose
Publisher: Springer
ISBN: 8132236610
Category : Business & Economics
Languages : en
Pages : 106
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Book Description
This book assesses how efficient primary and upper primary education is across different states of India considering both output oriented and input oriented measures of technical efficiency. It identifies the most important factors that could produce differential efficiency among the states, including the effects of central grants, school-specific infrastructures, social indicators and policy variables, as well as state-specific factors like per-capita net-state-domestic-product from the service sector, inequality in distribution of income (Gini coefficient), the percentage of people living below the poverty line and the density of population. The study covers the period 2005-06 to 2010-11 and all the states and union territories of India, which are categorized into two separate groups, namely: (i) General Category States (GCS); and (ii) Special Category States (SCS) and Union Territories (UT). It uses non-parametric Data Envelopment Analysis (DEA) and obtains the Technology Closeness Ratio (TCR), measuring whether the maximum output producible from an input bundle by a school within a given group is as high as what could be produced if the school could choose to join the other group. The major departure of this book is its approach to estimating technical efficiency (TE), which does not use a single frontier encompassing all the states and UT, as is done in the available literature. Rather, this method assumes that GCS, SCS and UT are not homogeneous and operate under different fiscal and economic conditions.
