Results-Based Approaches for Financing Education: Key Insights and Trends

Discover the latest insights on financing education, including the need for effective spending, linking inputs to outcomes, value for money metrics, and the prioritization of education in budgets. Explore spending trends in high and low-income countries, highlighting the importance of economic growth in driving education expenditures. Uncover challenges in utilizing resources effectively and ensuring quality education outcomes.

• Education
• Financing
• Results-Based Approaches
• Spending Trends
• Economic Growth

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1. Results Based Approaches for Financing Education Jaime Saavedra Education World Forum London, January 2019

2. 3 Messages Investment in education has increased, but most countries have to mobilize much more resources and use those resources effectively. 1 Effective spending is not a matter of funding inputs. Inputs, outputs and programs have to be clearly linked to outcomes. 2 To ensure investments in education deliver value (learning) for money, we need performance metrics of how well the system is delivering quality. 3

3. 3 Messages Investment in education has increased, but most countries have to mobilize much more resources and use those resources effectively. 1 Effective spending is not a matter of funding inputs. Inputs, outputs and programs have to be clearly linked to the outcomes 2 To ensure investments in education deliver value (learning) for money, we need performance metrics of how well the system is delivering quality. 3

4. High Income Countries 9,000 Primary Education Spending Per Child $8,098 8,000 7,000 6,000 (US$ PPP) $5,268 5,000 4,000 3,000 2,000 1,000 0 1998-2001 2014-2017

5. Low Income Countries 200 Primary Education Spending Per Child $188 180 160 140 (US$ PPP) 120 $109 100 80 60 40 20 0 1998-2001 2014-2017

6. 9,000 Primary Education Spending Per Child $8,098 8,000 7,000 High Income 6,000 (US$ PPP) $5,268 5,000 4,000 Low income 3,000 2,000 1,000 $109 $188 0 1998-2001 2014-2017

7. 9,000 Primary Education Spending Per Child $8,098 8,000 High Income 7,000 6,000 (US$ PPP) $5,268 Upper-middle income Low-middle income 5,000 4,000 3,000 Low income $2,504 2,000 $1,226 $611 $109 1,000 $891 $188 0 1998-2001 2014-2017

8. Prioritization of Education in budget Economic growth has been the key driver of increased expenditures Increased Government Revenue Economic Growth Low Income Countries

9. Furthermore, the $188 are not being well spent

10. Ways in which funding is ineffective Funds don t reach schools or not used as intended Spending on the wrong things Unequal spending

11. Inadequate data of system performance Inadequate policy design Why is this happening? Lack of management capacity Political misalignment

12. 3 Messages Investment in education has increased, but most countries have to mobilize much more resources and use those resources effectively. 1 Effective spending is not a matter of funding inputs. Inputs, outputs and programs have to be clearly linked to the outcomes. 2 To ensure investments in education deliver value (learning) for money, we need performance metrics of how well the system is delivering quality. 3

13. Results Based Financing

14. Traditional approach Inputs Learning RBF approach Inputs Learning

15. 77% Education commitments 2018

16. At the Government level Leverage systemic change Funders/Institutions aligned with same objective Monitoring and evaluation

17. Incentivizing other education actors Incentivize behavioral change of key actors Link behavior to specific outcomes Need to be pragmatic

18. 3 Messages Investment in education has increased, but most countries have to mobilize much more resources and use those resources effectively. 1 Effective spending is not a matter of funding inputs. Inputs, outputs and programs have to be clearly linked to the outcomes 2 To ensure investments in education deliver value (learning) for money, we need performance metrics of how well the system is delivering quality. 3

19. Global Education Policy Dashboard

20. Politics Policy Practices LEARNING

21. Thank you!