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Accord<strong>in</strong>g to this document, s<strong>in</strong>ce 1980, <strong>the</strong> Bank‟s <strong>in</strong>vestments <strong>in</strong> <strong>education</strong> <strong>in</strong> India <strong>in</strong>creased<br />

by many folds: from an almost negligible amount to $2 billion until 1990. The Bank has<br />

approved four vocational <strong>and</strong> technical <strong>education</strong> <strong>and</strong> tra<strong>in</strong><strong>in</strong>g (TVET) projects <strong>and</strong> six basic<br />

<strong>education</strong> projects (Abadzi, 2002).<br />

More recently, <strong>in</strong>vestments <strong>in</strong> tertiary <strong>education</strong> have been justified <strong>in</strong> terms <strong>of</strong> <strong>the</strong>ir potential<br />

contribution to teacher tra<strong>in</strong><strong>in</strong>g, a prerequisite for achiev<strong>in</strong>g <strong>the</strong> goals <strong>of</strong> <strong>the</strong> global Education for<br />

All (EFA) <strong>in</strong>itiative <strong>and</strong> <strong>the</strong> Millennium Development Goals (MDGs) (Berk, 2002) <strong>the</strong>re has<br />

been no study <strong>of</strong> <strong>the</strong> performance <strong>of</strong> <strong>the</strong> Bank‟s tertiary <strong>education</strong> lend<strong>in</strong>g or <strong>the</strong> extent to which<br />

it has contributed to fulfill<strong>in</strong>g <strong>the</strong>se goals <strong>in</strong> practice. To fill part <strong>of</strong> this gap,<br />

5.3.12.3 Tertiary Education: Lessons from a Decade <strong>of</strong> Lend<strong>in</strong>g, FY1990-2000<br />

This is <strong>the</strong> pioneer study <strong>of</strong> its type that evaluates Bank‟s lend<strong>in</strong>g performance <strong>in</strong> tertiary<br />

<strong>education</strong> sector. This study reviews <strong>the</strong> objectives, content, <strong>and</strong> performance <strong>of</strong> <strong>the</strong> 30 Bank-<br />

supported tertiary <strong>education</strong> projects completed between fiscal years 1990 <strong>and</strong> 2000. The key<br />

objectives <strong>of</strong> <strong>the</strong> projects were improved <strong>education</strong>al quality, expansion <strong>of</strong> enrollments, better<br />

plann<strong>in</strong>g <strong>and</strong> management, f<strong>in</strong>ancial susta<strong>in</strong>ability, <strong>and</strong> policy reform. Sixteen <strong>of</strong> <strong>the</strong> projects<br />

were <strong>in</strong> <strong>the</strong> East Asia <strong>and</strong> Pacific Region, seven <strong>in</strong> Africa, <strong>and</strong> seven <strong>in</strong> four o<strong>the</strong>r Regions. In<br />

this document no project on south Asia, Central Asia <strong>and</strong> West Asia is <strong>in</strong>cluded. Eighteen <strong>of</strong> <strong>the</strong><br />

30 projects were <strong>in</strong> 10 middle-<strong>in</strong>come <strong>countries</strong> <strong>and</strong> 12 were <strong>in</strong> 9 low-<strong>in</strong>come <strong>countries</strong>. For<br />

<strong>the</strong>se projects a $2.48 billion loan was provided by <strong>the</strong> Bank. The Operations Evaluation<br />

Department (OED) rated <strong>the</strong> outcomes <strong>of</strong> 70 percent <strong>of</strong> <strong>the</strong> projects moderately satisfactory or<br />

better (Berk, 2002). Some <strong>of</strong> <strong>the</strong> f<strong>in</strong>d<strong>in</strong>gs <strong>of</strong> this study were:<br />

Tertiary <strong>education</strong> projects performed poorly <strong>in</strong> low-<strong>in</strong>come or poor <strong>countries</strong>.<br />

The completed projects did not fully address <strong>the</strong> problem <strong>of</strong> equitable access; only three<br />

out <strong>of</strong> thirty projects provided evidence <strong>of</strong> any impact on <strong>the</strong> equitable access <strong>of</strong> poor or<br />

disadvantaged students, <strong>in</strong>clud<strong>in</strong>g women.<br />

Most <strong>of</strong> <strong>the</strong> project on quality improvement could not help improve teach<strong>in</strong>g methods,<br />

student learn<strong>in</strong>g, or labor market outcomes<br />

The projects aim<strong>in</strong>g to <strong>in</strong>crease enrollment were partially successful: 66% <strong>of</strong> <strong>the</strong> projects<br />

failed to achieve <strong>the</strong> goals.

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