Approaches to Results-Based Funding in Tertiary Education: Identifying Finance Reform Options for Chile

Approaches to Results-Based Funding in Tertiary Education: Identifying Finance Reform Options for Chile

Unrealized potential exists for increasing accountability and transparency in Chilean tertiary education by allocating resources based on achieved results rather than historical precedence and political negotiation. Against this background, the aut...

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Bibliographic Details
Main Authors: Thorn, Kristian, Holm-Nielsen, Lauritz, Jeppesen, Jette Samuel
Language:English
en_US
Published: World Bank, Washington, D.C. 2013
Subjects:
ACADEMIC DEGREES
ACCREDITATION
ACHIEVEMENT
ASSESSMENT PROCESS
BINDING
COSTS OF EDUCATION
COURSE MATERIAL
CURRICULA
DEMAND SIDE FINANCING
DISTANCE LEARNING
EDUCATION OUTCOMES
EDUCATION QUALITY
EDUCATION SYSTEMS
EDUCATIONAL OUTCOMES
EDUCATIONAL QUALITY
ENROLLMENT
EQUIPMENT
EXPENDITURES
HUMAN CAPITAL
HUMAN DEVELOPMENT
INFORMATION
INFORMATION ASYMMETRIES
INFORMATION SYSTEMS
INNOVATION
INSTITUTIONAL CAPACITY
INSTRUCTION
LATIN AMERICAN
LEARNING
LEARNING OUTCOMES
LIBRARIES
PAPERS
PHYSICS
POLICY RESEARCH
PRIMARY EDUCATION
PRIVATE SECTOR
PROCUREMENT
PSYCHOLOGY
PUBLIC EXPENDITURE
PUBLIC SECTOR
PUBLIC SPENDING
QUALITY EDUCATION
RATES OF RETURN
RESEARCH CAPACITY
RESEARCH PROJECTS
RESOURCE ALLOCATION
SCHOLARSHIPS
SECONDARY EDUCATION
STUDENT MOBILITY
STUDENT TRANSFERS
SYSTEMS
TEACHER
TEACHERS
TEACHING
TEACHING METHODS
TEACHING STAFF
TECHNICAL TRAINING
TERTIARY EDUCATION
TEST SCORES
TRAINING CENTERS
TRAINING PROGRAMS
TRANSPARENCY
UNIVERSITIES
USER SATISFACTION
WEIGHT
Online Access:http://documents.worldbank.org/curated/en/2004/10/5278785/approaches-results-based-funding-tertiary-education-identifying-finance-reform-options-chile
http://hdl.handle.net/10986/14214
Description
Summary:Unrealized potential exists for increasing accountability and transparency in Chilean tertiary education by allocating resources based on achieved results rather than historical precedence and political negotiation. Against this background, the authors profile approaches to results-based funding of tertiary education to identify efficacious finance reform options for Chile. International experience shows that financing by results is not a ready-made concept, but a broad label that offers a menu of design options. To decipher results-based funding, the authors cover all phases in designing and implementing a results-based funding system and highlight strengths and weaknesses of concepts, such as taximeter funding, performance contracts, and formula-based allocations.

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