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International Monetary Fund. External Relations Dept.
Global financial crisis, Iceland, Poul Thomsen, IMF work program, IMF Shocks Facility, Kyrgyz Republic; Malawi; Exogenous Shocks Facility, Pakistan loan, IMF and social safety nets, gains against poverty in jeopardy, commodity prices slump, Latin America withstands shocks, Improved policies help Latin America, Asian Regional Outlook, Bosnia and Herzegovina, news briefs.
Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

In an ideal world, primary education would be universal and publicly financed, and all children would be able to attend school regardless of their parents’ ability or willingness to pay. In many poor countries, however, governments lack either the financial resources or the political will to provide each child with a basic education, despite the benefits that would accrue not only to individuals but to society as a whole. In some of these countries, parents cover part or all of the cost of their children’s education. This paper explores the pros and cons of user payments.

Mr. Peter S. Heller
With new initiatives to provide low income countries with external assistance in support of the Millennium Development Goals (MDGs), donors and NGOs are seeking to understand whether "fiscal space" can be provided in the context of IMF-supported programs to support these initiatives. This paper defines the concept of fiscal space and its link to fiscal sustainability, describes alternative ways in which fiscal space can be created, and notes how the IMF can support appropriate efforts to create fiscal space. The paper underscores that the issues that arise in creating fiscal space are not novel, but have always confronted governments in judging whether there is scope for additional expenditure.
Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

In an ideal world, primary education would be universal and publicly financed, and all children would be able to attend school regardless of their parents’ ability or willingness to pay. In many poor countries, however, governments lack either the financial resources or the political will to provide each child with a basic education, despite the benefits that would accrue not only to individuals but to society as a whole. In some of these countries, parents cover part or all of the cost of their children’s education. This paper explores the pros and cons of user payments.

Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

In an ideal world, primary education would be universal and publicly financed, and all children would be able to attend school regardless of their parents’ ability or willingness to pay. In many poor countries, however, governments lack either the financial resources or the political will to provide each child with a basic education, despite the benefits that would accrue not only to individuals but to society as a whole. In some of these countries, parents cover part or all of the cost of their children’s education. This paper explores the pros and cons of user payments.

Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

In an ideal world, primary education would be universal and publicly financed, and all children would be able to attend school regardless of their parents’ ability or willingness to pay. In many poor countries, however, governments lack either the financial resources or the political will to provide each child with a basic education, despite the benefits that would accrue not only to individuals but to society as a whole. In some of these countries, parents cover part or all of the cost of their children’s education. This paper explores the pros and cons of user payments.

Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

En un mundo ideal, la educación primaria debería ser universal y financiada por el Estado, y todos los niños deberían poder asistir a la escuela independientemente de la capacidad o buena voluntad de los padres para pagar por ello. No obstante, en muchos países pobres, los gobiernos carecen de los recursos financieros o de la voluntad política para proporcionar una educación básica a todos los niños, a pesar de los beneficios que comportaría no solo para las personas sino para toda la sociedad. En algunos de estos países, los padres cubren una parte o la totalidad del costo de la educación de sus hijos. En este trabajo se examinan las ventajas y desventajas del pago por parte de los usuarios.

Ms. Eva Jenkner
and
Mr. Arye L. Hillman

Abstract

Dans un monde idéal, l’enseignement primaire serait universel et financé sur les deniers publics et les enfants seraient scolarisés, que leurs parents en aient ou non les moyens ou la volonté. Mais dans de nombreux pays pauvres, l'État n'a pas les ressources financières ou la volonté politique nécessaires pour assurer l'enseignement de base à tous les enfants, malgré les avantages qu'en retireraient les individus et la société tout entière. Dans certains de ces pays, les parents paient totalement ou en partie pour l’éducation de leurs enfants. Ce document examine les avantages et les inconvénients des contributions des parents.

International Monetary Fund. Research Dept.
This first issue of Volume 51 for 2004 includes a new paper by Peter B. Clark and Jacques J. Polak, along with a tribute from the Editor to Mr. Polak in honor of his 90th birthday. This issue also launches a new featured section, "Data Issues," which will be devoted in future issues to on-going discussions of the latest in econometric and statistical tools for economists, data puzzles, and other related topics of interest to researchers.