The Financing of Education in Developing Countries : Models of Sustainable Educational Contracts
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no fulltext attached
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A profound problem of many developing countries is that access to
education as well as legal enforceability of contracts are both
limited. The author, Caroline Flammer, addresses both issues. She
introduces two financing schemes for the funding of early as well as
higher education and designs contracts which are self-enforcing.
These contracts promise to improve access to education without
discriminating against children from underprivileged backgrounds.
The first model studies the problem of financing a child's primary
education when the parent is faced with credit constraints and
contracting with minors is not possible. The second model uses human
capital contracts for the financing of higher education in
developing countries. In both models, the self-enforcement of
contracts is guaranteed by creating an interlinkage between the
market for education financing and the market for microcredits. The
author also analyzes the impact of increased mobility and anonymity
in developing societies on the optimal contract designs.
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tipo
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libro (English)
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parole chiave
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data di apparenza
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2009
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Editore
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Südwestdeutscher Verlag für Hochschulschriften (Saarbrücken)
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ISBN
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3838104412
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pagine
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152
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citation
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Flammer, C. (2009). The Financing of Education in Developing
Countries: Models of Sustainable Educational Contracts.
Saarbrücken: Südwestdeutscher Verlag für Hochschulschriften. -
ISBN 3838104412.
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