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This study assesses the adequacy of school infrastructure in the Philippine basic education sector and conducts benchmarking against developmental targets and other countries' performance. The study shows that with respect to classrooms, there had been progress in decongesting schools, but...
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Why do governments in developing economies invest in roads and not enough in schools? In the presence of distortionary taxation and debt aversion, the different pace at which roads and schools contribute to economic growth turns out to be central to this decision. Specifically, while costs are...
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