Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective

Voucher programs consist of three simultaneous reforms: (1) allowing parents to choose schools, (2) creating intense incentives for schools to increase enrollment, and (3) granting schools management autonomy to respond to demand. As a result, vouc...

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Main Authors:	Gauri, Varun, Vawda, Ayesha
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	VOUCHERS BASIC EDUCATION PARENT SCHOOL RELATIONSHIP INCENTIVES SCHOOL ENROLLMENT SCHOOL MANAGEMENT PERFORMANCE RISK AVERSION MONITORING & EVALUATION PRIVATE SCHOOLS PRINCIPAL-AGENT MODEL BIAS (ECONOMICS) COMPENSATION SYSTEMS ABSENTEEISM ACADEMIC ACHIEVEMENT ACHIEVEMENT ACHIEVEMENT SCORES ADDITIONAL RESOURCES BIRTH RATE CHARTER SCHOOLS COLLEGE ADMISSIONS COMMUNITY GRANTS COMMUNITY INVOLVEMENT CURRICULA DEVELOPING COUNTRIES DISADVANTAGED GROUPS DISCRIMINATION DROPPING OUT EDUCATION OUTCOMES EDUCATION REFORM EDUCATION SECTOR EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ACCESS EDUCATIONAL BENEFITS EDUCATIONAL INPUTS EDUCATIONAL OBJECTIVES EDUCATIONAL OPPORTUNITIES EDUCATIONAL SERVICES EDUCATIONAL SYSTEMS EDUCATORS ELEMENTARY SCHOOL STUDENTS EMPLOYMENT ENROLLMENT EQUAL TREATMENT ETHNIC MINORITIES FAMILIES GENDER EQUALITY GIRLS HIGH ACHIEVEMENT HUMAN DEVELOPMENT INDEPENDENT SCHOOLS INDIRECT COSTS INFORMATION DISSEMINATION INNOVATION INSTRUCTION LAWS LEARNING LEARNING DISABILITIES LEARNING ENVIRONMENTS LEARNING METHODS LEARNING OUTCOMES LET LEVELS OF EDUCATION LITERACY LOCAL POLITICIANS LOW ENROLLMENT LOW ENROLLMENT RATES MIGRATION MINORITY STUDENTS MONITORING SYSTEM MOTIVATION NATIONAL CURRICULUM NEGATIVE EFFECTS NUMERACY PAPERS PARENTS PEDAGOGY POOR PEOPLE PRINCIPALS PRIVATE SCHOOL ENROLLMENT PRIVATE SECTOR PROFESSIONAL DEVELOPMENT PUBLIC SCHOOLS PUBLIC SECTOR QUALITY OF EDUCATION READING RETURNS TO EDUCATION SCHOLARSHIPS SCHOOL ADMINISTRATORS SCHOOL ATTENDANCE SCHOOL BOARDS SCHOOL CHOICE SCHOOL PERFORMANCE SCHOOL QUALITY SCHOOL SIZE SCHOOL SYSTEMS SCHOOLING SCHOOLS SECONDARY EDUCATION SECONDARY SCHOOLS SOCIAL NORMS STATISTICAL ANALYSES STUDENT ADMISSIONS STUDENT ENROLLMENT STUDENT ENROLLMENTS STUDENT MOBILITY STUDENT PERFORMANCE TEACHER TEACHER SALARIES TEACHER TRAINING TEACHERS TEACHERS UNIONS TEACHING TEACHING METHODS TEST SCORES TEXTBOOKS UNIVERSAL ACCESS UNIVERSITIES YOUTH COMPENSATION SYSTEMS ABSENTEEISM
Online Access:	http://documents.worldbank.org/curated/en/2003/03/2191892/vouchers-basic-education-developing-countries-principal-agent-perspective http://hdl.handle.net/10986/18306

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spelling	okr-10986-183062021-04-23T14:03:42Z Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective Gauri, Varun Vawda, Ayesha VOUCHERS BASIC EDUCATION PARENT SCHOOL RELATIONSHIP INCENTIVES SCHOOL ENROLLMENT SCHOOL MANAGEMENT PERFORMANCE RISK AVERSION MONITORING & EVALUATION PRIVATE SCHOOLS PRINCIPAL-AGENT MODEL BIAS (ECONOMICS) COMPENSATION SYSTEMS ABSENTEEISM ACADEMIC ACHIEVEMENT ACHIEVEMENT ACHIEVEMENT SCORES ADDITIONAL RESOURCES BASIC EDUCATION BIRTH RATE CHARTER SCHOOLS COLLEGE ADMISSIONS COMMUNITY GRANTS COMMUNITY INVOLVEMENT CURRICULA DEVELOPING COUNTRIES DISADVANTAGED GROUPS DISCRIMINATION DROPPING OUT EDUCATION OUTCOMES EDUCATION REFORM EDUCATION SECTOR EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ACCESS EDUCATIONAL BENEFITS EDUCATIONAL INPUTS EDUCATIONAL OBJECTIVES EDUCATIONAL OPPORTUNITIES EDUCATIONAL SERVICES EDUCATIONAL SYSTEMS EDUCATORS ELEMENTARY SCHOOL STUDENTS EMPLOYMENT ENROLLMENT EQUAL TREATMENT ETHNIC MINORITIES FAMILIES GENDER EQUALITY GIRLS HIGH ACHIEVEMENT HUMAN DEVELOPMENT INDEPENDENT SCHOOLS INDIRECT COSTS INFORMATION DISSEMINATION INNOVATION INSTRUCTION LAWS LEARNING LEARNING DISABILITIES LEARNING ENVIRONMENTS LEARNING METHODS LEARNING OUTCOMES LET LEVELS OF EDUCATION LITERACY LOCAL POLITICIANS LOW ENROLLMENT LOW ENROLLMENT RATES MIGRATION MINORITY STUDENTS MONITORING SYSTEM MOTIVATION NATIONAL CURRICULUM NEGATIVE EFFECTS NUMERACY PAPERS PARENTS PEDAGOGY POOR PEOPLE PRINCIPALS PRIVATE SCHOOL ENROLLMENT PRIVATE SCHOOLS PRIVATE SECTOR PROFESSIONAL DEVELOPMENT PUBLIC SCHOOLS PUBLIC SECTOR QUALITY OF EDUCATION READING RETURNS TO EDUCATION SCHOLARSHIPS SCHOOL ADMINISTRATORS SCHOOL ATTENDANCE SCHOOL BOARDS SCHOOL CHOICE SCHOOL MANAGEMENT SCHOOL PERFORMANCE SCHOOL QUALITY SCHOOL SIZE SCHOOL SYSTEMS SCHOOLING SCHOOLS SECONDARY EDUCATION SECONDARY SCHOOLS SOCIAL NORMS STATISTICAL ANALYSES STUDENT ADMISSIONS STUDENT ENROLLMENT STUDENT ENROLLMENTS STUDENT MOBILITY STUDENT PERFORMANCE TEACHER TEACHER SALARIES TEACHER TRAINING TEACHERS TEACHERS UNIONS TEACHING TEACHING METHODS TEST SCORES TEXTBOOKS UNIVERSAL ACCESS UNIVERSITIES VOUCHERS YOUTH COMPENSATION SYSTEMS ABSENTEEISM Voucher programs consist of three simultaneous reforms: (1) allowing parents to choose schools, (2) creating intense incentives for schools to increase enrollment, and (3) granting schools management autonomy to respond to demand. As a result, voucher advocates and critics tend to talk past each other. A principal-agent framework clarifies the argument for education vouchers. Central findings from the literature, including issues related to variance in the performance measure, risk aversion, the productivity of more effort, multiple tasks, and the value of monitoring are found relevant for an analysis of vouchers. An assessment of findings on voucher programs in industrial countries, as well as a review of voucher or quasi-voucher experiences in Bangladesh, Chile, Colombia, Cote d'Ivoire, and the Czech Republic support the usefulness of the analytic framework. The authors conclude that vouchers for basic education in developing countries can enhance outcomes when they are limited to modest numbers of poor students in urban settings, particularly in conjunction with existing private schools with surplus capacity. The success of more ambitious voucher programs depends on an institutional infrastructure challenging to industrial and developing countries alike. 2014-05-14T19:51:05Z 2014-05-14T19:51:05Z 2003-03 http://documents.worldbank.org/curated/en/2003/03/2191892/vouchers-basic-education-developing-countries-principal-agent-perspective http://hdl.handle.net/10986/18306 English en_US Policy Research Working Paper;No. 3005 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Africa Europe and Central Asia Latin America & Caribbean South Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	VOUCHERS BASIC EDUCATION PARENT SCHOOL RELATIONSHIP INCENTIVES SCHOOL ENROLLMENT SCHOOL MANAGEMENT PERFORMANCE RISK AVERSION MONITORING & EVALUATION PRIVATE SCHOOLS PRINCIPAL-AGENT MODEL BIAS (ECONOMICS) COMPENSATION SYSTEMS ABSENTEEISM ACADEMIC ACHIEVEMENT ACHIEVEMENT ACHIEVEMENT SCORES ADDITIONAL RESOURCES BASIC EDUCATION BIRTH RATE CHARTER SCHOOLS COLLEGE ADMISSIONS COMMUNITY GRANTS COMMUNITY INVOLVEMENT CURRICULA DEVELOPING COUNTRIES DISADVANTAGED GROUPS DISCRIMINATION DROPPING OUT EDUCATION OUTCOMES EDUCATION REFORM EDUCATION SECTOR EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ACCESS EDUCATIONAL BENEFITS EDUCATIONAL INPUTS EDUCATIONAL OBJECTIVES EDUCATIONAL OPPORTUNITIES EDUCATIONAL SERVICES EDUCATIONAL SYSTEMS EDUCATORS ELEMENTARY SCHOOL STUDENTS EMPLOYMENT ENROLLMENT EQUAL TREATMENT ETHNIC MINORITIES FAMILIES GENDER EQUALITY GIRLS HIGH ACHIEVEMENT HUMAN DEVELOPMENT INDEPENDENT SCHOOLS INDIRECT COSTS INFORMATION DISSEMINATION INNOVATION INSTRUCTION LAWS LEARNING LEARNING DISABILITIES LEARNING ENVIRONMENTS LEARNING METHODS LEARNING OUTCOMES LET LEVELS OF EDUCATION LITERACY LOCAL POLITICIANS LOW ENROLLMENT LOW ENROLLMENT RATES MIGRATION MINORITY STUDENTS MONITORING SYSTEM MOTIVATION NATIONAL CURRICULUM NEGATIVE EFFECTS NUMERACY PAPERS PARENTS PEDAGOGY POOR PEOPLE PRINCIPALS PRIVATE SCHOOL ENROLLMENT PRIVATE SCHOOLS PRIVATE SECTOR PROFESSIONAL DEVELOPMENT PUBLIC SCHOOLS PUBLIC SECTOR QUALITY OF EDUCATION READING RETURNS TO EDUCATION SCHOLARSHIPS SCHOOL ADMINISTRATORS SCHOOL ATTENDANCE SCHOOL BOARDS SCHOOL CHOICE SCHOOL MANAGEMENT SCHOOL PERFORMANCE SCHOOL QUALITY SCHOOL SIZE SCHOOL SYSTEMS SCHOOLING SCHOOLS SECONDARY EDUCATION SECONDARY SCHOOLS SOCIAL NORMS STATISTICAL ANALYSES STUDENT ADMISSIONS STUDENT ENROLLMENT STUDENT ENROLLMENTS STUDENT MOBILITY STUDENT PERFORMANCE TEACHER TEACHER SALARIES TEACHER TRAINING TEACHERS TEACHERS UNIONS TEACHING TEACHING METHODS TEST SCORES TEXTBOOKS UNIVERSAL ACCESS UNIVERSITIES VOUCHERS YOUTH COMPENSATION SYSTEMS ABSENTEEISM
spellingShingle	VOUCHERS BASIC EDUCATION PARENT SCHOOL RELATIONSHIP INCENTIVES SCHOOL ENROLLMENT SCHOOL MANAGEMENT PERFORMANCE RISK AVERSION MONITORING & EVALUATION PRIVATE SCHOOLS PRINCIPAL-AGENT MODEL BIAS (ECONOMICS) COMPENSATION SYSTEMS ABSENTEEISM ACADEMIC ACHIEVEMENT ACHIEVEMENT ACHIEVEMENT SCORES ADDITIONAL RESOURCES BASIC EDUCATION BIRTH RATE CHARTER SCHOOLS COLLEGE ADMISSIONS COMMUNITY GRANTS COMMUNITY INVOLVEMENT CURRICULA DEVELOPING COUNTRIES DISADVANTAGED GROUPS DISCRIMINATION DROPPING OUT EDUCATION OUTCOMES EDUCATION REFORM EDUCATION SECTOR EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ACCESS EDUCATIONAL BENEFITS EDUCATIONAL INPUTS EDUCATIONAL OBJECTIVES EDUCATIONAL OPPORTUNITIES EDUCATIONAL SERVICES EDUCATIONAL SYSTEMS EDUCATORS ELEMENTARY SCHOOL STUDENTS EMPLOYMENT ENROLLMENT EQUAL TREATMENT ETHNIC MINORITIES FAMILIES GENDER EQUALITY GIRLS HIGH ACHIEVEMENT HUMAN DEVELOPMENT INDEPENDENT SCHOOLS INDIRECT COSTS INFORMATION DISSEMINATION INNOVATION INSTRUCTION LAWS LEARNING LEARNING DISABILITIES LEARNING ENVIRONMENTS LEARNING METHODS LEARNING OUTCOMES LET LEVELS OF EDUCATION LITERACY LOCAL POLITICIANS LOW ENROLLMENT LOW ENROLLMENT RATES MIGRATION MINORITY STUDENTS MONITORING SYSTEM MOTIVATION NATIONAL CURRICULUM NEGATIVE EFFECTS NUMERACY PAPERS PARENTS PEDAGOGY POOR PEOPLE PRINCIPALS PRIVATE SCHOOL ENROLLMENT PRIVATE SCHOOLS PRIVATE SECTOR PROFESSIONAL DEVELOPMENT PUBLIC SCHOOLS PUBLIC SECTOR QUALITY OF EDUCATION READING RETURNS TO EDUCATION SCHOLARSHIPS SCHOOL ADMINISTRATORS SCHOOL ATTENDANCE SCHOOL BOARDS SCHOOL CHOICE SCHOOL MANAGEMENT SCHOOL PERFORMANCE SCHOOL QUALITY SCHOOL SIZE SCHOOL SYSTEMS SCHOOLING SCHOOLS SECONDARY EDUCATION SECONDARY SCHOOLS SOCIAL NORMS STATISTICAL ANALYSES STUDENT ADMISSIONS STUDENT ENROLLMENT STUDENT ENROLLMENTS STUDENT MOBILITY STUDENT PERFORMANCE TEACHER TEACHER SALARIES TEACHER TRAINING TEACHERS TEACHERS UNIONS TEACHING TEACHING METHODS TEST SCORES TEXTBOOKS UNIVERSAL ACCESS UNIVERSITIES VOUCHERS YOUTH COMPENSATION SYSTEMS ABSENTEEISM Gauri, Varun Vawda, Ayesha Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
geographic_facet	Africa Europe and Central Asia Latin America & Caribbean South Asia
relation	Policy Research Working Paper;No. 3005
description	Voucher programs consist of three simultaneous reforms: (1) allowing parents to choose schools, (2) creating intense incentives for schools to increase enrollment, and (3) granting schools management autonomy to respond to demand. As a result, voucher advocates and critics tend to talk past each other. A principal-agent framework clarifies the argument for education vouchers. Central findings from the literature, including issues related to variance in the performance measure, risk aversion, the productivity of more effort, multiple tasks, and the value of monitoring are found relevant for an analysis of vouchers. An assessment of findings on voucher programs in industrial countries, as well as a review of voucher or quasi-voucher experiences in Bangladesh, Chile, Colombia, Cote d'Ivoire, and the Czech Republic support the usefulness of the analytic framework. The authors conclude that vouchers for basic education in developing countries can enhance outcomes when they are limited to modest numbers of poor students in urban settings, particularly in conjunction with existing private schools with surplus capacity. The success of more ambitious voucher programs depends on an institutional infrastructure challenging to industrial and developing countries alike.
format	Publications & Research :: Policy Research Working Paper
author	Gauri, Varun Vawda, Ayesha
author_facet	Gauri, Varun Vawda, Ayesha
author_sort	Gauri, Varun
title	Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
title_short	Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
title_full	Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
title_fullStr	Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
title_full_unstemmed	Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective
title_sort	vouchers for basic education in developing countries : a principal-agent perspective
publisher	World Bank, Washington, DC
publishDate	2014
url	http://documents.worldbank.org/curated/en/2003/03/2191892/vouchers-basic-education-developing-countries-principal-agent-perspective http://hdl.handle.net/10986/18306
_version_	1764439540538277888

Vouchers for Basic Education in Developing Countries : A Principal-Agent Perspective

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