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...

Advocates argue that voucher programs can correct the incentive problems of education systems in developing economies. An accountability perspective, based on a principal-agent framework, was developed to clarify the arguments for and against education vouchers. An assessment of findings on...

Advocates argue that voucher programs can correct the incentive problems of education systems in developing economies. An accountability perspective, based on a principal-agent framework, was developed to clarify the arguments for and against education vouchers. An assessment of findings on...

Outcomes on World Bank education projects are better when the quality of project appraisal is good.Research reported in this paper tests the hypothesis that Bank education projects for which the project appraisal documents are judged quot;goodquot; have a higher probability of leading to...

Research reported in this paper tests the hypothesis that Bank education projects for which the project appraisal documents are judged "good" have a higher probability of leading to successful outcomes than projects for which the appraisals are judged "poor." The research draws on project...