What is the Impact of the Economic Crisis on Public Education Spending?
Organisation for Economic Co-operation and Development
The aftermath of the 2008 financial crisis has meant a significant number of countries have cut public spending on education. Despite GDP rising in most OECD countries between 2009 and 2010, public expenditure on educational institutions fell in one-third of them. Teachers’ salaries were either frozen or cut between 2009 and 2011 in 12 out of the 25 OECD countries with data available. This may discourage the highest-performing students from joining the teaching profession. Demand for education and training is increasing even as austerity continues to put pressure on the resources allocated to education. Educational institutions will have to do more with less in the coming years.
Year of publication: |
2013
|
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Institutions: | OECD (issuing body) |
Publisher: |
Paris : OECD Publishing |
Subject: | Bildungsfinanzierung | Education finance | Öffentliche Ausgaben | Public expenditure | Wirtschaftskrise | Economic crisis | Wirkungsanalyse | Impact assessment |
Saved in:
Online Resource
Extent: | 1 Online-Ressource (4 p.) 21 x 29.7cm. |
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Series: | Education Indicators in Focus ; no.18 |
Type of publication: | Book / Working Paper |
Language: | English |
Other identifiers: | 10.1787/5jzbb2sprz20-en [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10012454342
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