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Results-Based Financing in Education: Financing Results to Strengthen Systems

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dc.contributor.authorWorld Bank Group
dc.date.accessioned2017-03-15T16:58:37Z
dc.date.available2017-03-15T16:58:37Z
dc.date.issued2017-03
dc.description.abstractResult-based financing (RBF) captures the essence of how the World Bank Group (WBG) is implementing its education strategy, Learning for All. The strategy emphasizes learning (rather than just schooling), since that is what leads to economic growth, development, and poverty reduction. Second, the strategy calls for investing For all so as to ensure the equity dimension behind the Sustainable Development Goals (SDGs) and the Bank’s Twin Goals of reducing poverty and boosting shared prosperity. These goals can be achieved through strengthening education systems. This paper largely focuses on how finance, and RBF specifically, can be used as a lever to pull education systems into coherence. RBF encompasses all of the four transformations called for: performance, innovation, inclusion, and finance. Specifically, putting results first (performance), and embracing results-based approaches to finance (finance) is at the heart of the WBG approach. The approach also offers a new way of approaching problems (innovation), and incentivizing results allows for differentiating levels of rewards, in order to favor traditionally disadvantaged groups, such as rural girls or children living with disabilities (inclusion).en
dc.identifierhttp://documents.worldbank.org/curated/en/715791489054110215/Results-based-financing-in-education-financing-results-to-strengthen-systems
dc.identifier.doi10.1596/26268
dc.identifier.urihttps://hdl.handle.net/10986/26268
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectEDUCATION
dc.subjectSCHOOL
dc.subjectSTUDENTS
dc.subjectTEACHERS
dc.subjectFINANCE
dc.subjectPOLICY
dc.subjecteducation finance
dc.subjectresults-based financing
dc.titleResults-Based Financing in Educationen
dc.title.subtitleFinancing Results to Strengthen Systemsen
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleResults-Based Financing in Education
okr.date.disclosure2017-03-08
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/715791489054110215/Results-based-financing-in-education-financing-results-to-strengthen-systems
okr.guid715791489054110215
okr.identifier.doi10.1596/26268
okr.identifier.externaldocumentum090224b084af54f4_3_0
okr.identifier.internaldocumentum27255767
okr.identifier.report113265
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/715791489054110215/pdf/113265-REVISED-RBF-Approach-Final-Digital.pdfen
okr.topicEducation::Economics of Education
okr.topicEducation::Education Finance
okr.topicEducation::Education For All
okr.topicEducation::Education Reform and Management
okr.topicEducation::Educational Institutions & Facilities
okr.topicEducation::Educational Policy and Planning
okr.unitEducation - GP (GEDDR)
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