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Impact of global economic crisis on EFA goals

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Abstract:

As world leaders continue to focus on the achievement of EFA goals by 2015, a “new consensus on global development education” is emerging (Mundy, 2007), linking education to social indicators of human rights, economic achievement, and donor funding. Looking to 2015 and beyond, sustainability of progress increasingly depends on meeting unexpected obstacles such the global economic crises.

This research looks at the threats to the achievement of EFA goals posed by the current economic crisis which has strained educational budgets. These predicaments impact all borders creating a “perfect storm,” causing major setbacks (UNESCO, 2010).

Although progress has been made towards EFA goals since 2000, financing and budgetary allocation to education continues to fall short. Allocation of GDP for education has increased approximately 60% since 1999, however investment is still uneven – with a range of 18.7% to 0.6% of GDP. It is estimated that reaching some of the EFA goals will require an additional US $16 billion per year (UNESCO, 2010; UNDP, 2010).

This research will conduct a meta analysis that focuses on five highest and five lowest GDP countries (World Bank & UNDP, 2010), as well as the four countries of the individual researchers who have direct access to data from China, Ghana, Namibia, and Philippines. We will examine and analyze the EFA Annual Reports and how the current economic crisis affects finance to education and how it correlates to EFA Development Index (EDI) standings. This preliminary case study research relies on secondary data sources from 2002-2009. We are curious to know how has the current economic crisis impacted global funding for education? Additional information for “data triangulation” (Yin, 1994) was gathered through secondary data sources ranging from, UNESCO reports, governmental and NGO reports, and articles from scholarly publications.
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Association:
Name: 55th Annual Conference of the Comparative and International Education Society
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http://www.cies.us


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URL: http://citation.allacademic.com/meta/p493903_index.html
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MLA Citation:

Acheampong, Philip., Asino, Tutaleni., Tsai, Hsin-Ling. and Zaballero, Aileen. "Impact of global economic crisis on EFA goals" Paper presented at the annual meeting of the 55th Annual Conference of the Comparative and International Education Society, Fairmont Le Reine Elizabeth, Montreal, Quebec, Canada, May 01, 2011 <Not Available>. 2014-11-26 <http://citation.allacademic.com/meta/p493903_index.html>

APA Citation:

Acheampong, P. I., Asino, T. I., Tsai, H. I. and Zaballero, A. G. , 2011-05-01 "Impact of global economic crisis on EFA goals" Paper presented at the annual meeting of the 55th Annual Conference of the Comparative and International Education Society, Fairmont Le Reine Elizabeth, Montreal, Quebec, Canada <Not Available>. 2014-11-26 from http://citation.allacademic.com/meta/p493903_index.html

Publication Type: Conference Paper/Unpublished Manuscript
Review Method: Peer Reviewed
Abstract: As world leaders continue to focus on the achievement of EFA goals by 2015, a “new consensus on global development education” is emerging (Mundy, 2007), linking education to social indicators of human rights, economic achievement, and donor funding. Looking to 2015 and beyond, sustainability of progress increasingly depends on meeting unexpected obstacles such the global economic crises.

This research looks at the threats to the achievement of EFA goals posed by the current economic crisis which has strained educational budgets. These predicaments impact all borders creating a “perfect storm,” causing major setbacks (UNESCO, 2010).

Although progress has been made towards EFA goals since 2000, financing and budgetary allocation to education continues to fall short. Allocation of GDP for education has increased approximately 60% since 1999, however investment is still uneven – with a range of 18.7% to 0.6% of GDP. It is estimated that reaching some of the EFA goals will require an additional US $16 billion per year (UNESCO, 2010; UNDP, 2010).

This research will conduct a meta analysis that focuses on five highest and five lowest GDP countries (World Bank & UNDP, 2010), as well as the four countries of the individual researchers who have direct access to data from China, Ghana, Namibia, and Philippines. We will examine and analyze the EFA Annual Reports and how the current economic crisis affects finance to education and how it correlates to EFA Development Index (EDI) standings. This preliminary case study research relies on secondary data sources from 2002-2009. We are curious to know how has the current economic crisis impacted global funding for education? Additional information for “data triangulation” (Yin, 1994) was gathered through secondary data sources ranging from, UNESCO reports, governmental and NGO reports, and articles from scholarly publications.


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