{"id":40819,"date":"2021-02-23T07:29:47","date_gmt":"2021-02-23T05:29:47","guid":{"rendered":"https:\/\/vastuullisuusuutiset.fi\/?p=40819"},"modified":"2021-02-23T11:27:52","modified_gmt":"2021-02-23T09:27:52","slug":"two-thirds-of-poorer-countries-are-cutting-education-budgets-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/vastuullisuusuutiset.fi\/fi\/chief-editors-choice\/two-thirds-of-poorer-countries-are-cutting-education-budgets-due-to-covid-19\/","title":{"rendered":"Two-Thirds of Poorer Countries Are Cutting Education Budgets Due to COVID-19"},"content":{"rendered":"<div class=\"smart_content_wrapper\"><p>Education budgets are not adjusting proportionately to the challenges brought about by COVID-19, especially in poorer countries. Despite additional funding needs, two-thirds of low- and lower-middle-income countries have, in fact, cut their public education budgets since the onset of the Covid-19 pandemic, according to the new joint World Bank \u2013 UNESCO Education Finance Watch (EFW). In comparison, only one-third of upper-middle and high-income countries have reduced their budgets. These budget cuts have been relatively small thus far, but there is a danger that future cuts will be larger, as the pandemic continues to take its economic toll, and fiscal positions worsen. These differing trends imply a significant widening of the already large spending disparities seen between low- and high-income countries.<\/p>\n<p>According to the new report, prior to the COVID-19 pandemic, in 2018-19, high-income countries were spending annually the equivalent of US$8,501 for every child or youth\u2019s education compared to US$48 in low-income countries. COVID-19 is only widening this huge per-capita education spending gap between rich and poor countries. EFW stresses that the education finance challenge is not only about mobilizing resources, but also about improving the effectiveness of funding. Unfortunately, recent increases in public education spending have been associated with relatively small improvements in education outcomes.<\/p>\n<p>EFW notes that global spending on education has increased over the last 10 years, but the signs are that the pandemic may interrupt this upward trend. Funding for education has grown most rapidly in low- and lower-middle-income countries, where the gaps between the funding needed to achieve the SDGs and current allocations are the widest. The deterioration in government finances over the medium-term suggests that without concerted efforts to prioritize education, the outlook for mobilizing the domestic resources required for education will worsen.<\/p>\n<p>Aid for education has increased by 21 percent over the last 10 years. Disbursements had increased rapidly in the 2000s and fell between 2010 and 2014 in the aftermath of the great financial crisis. However, since 2014, aid to education has increased by 30 percent, reaching its highest recorded level of US$ 15.9 billion in 2019. However, fiscal constraints, other sectoral needs, and changes in student mobility patterns, suggest that external aid for education might fall at a time when it is needed most. The EFW is a collaborative effort between the World Bank and the UNESCO Global Education Monitoring Report team.<\/p>\n<p>Source: <a href=\"https:\/\/reliefweb.int\/report\/world\/two-thirds-poorer-countries-are-cutting-education-budgets-due-covid-19\">ReliefWeb<\/a><\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Education budgets are not adjusting proportionately to the challenges brought about by COVID-19, especially in poorer countries. Despite additional funding needs, two-thirds of low- and&#8230;<\/p>\n","protected":false},"author":4,"featured_media":19474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":null,"_FSMCFIC_featured_image_hide":null,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[5594,32],"tags":[5192,5803,4756,11671,5319],"class_list":["post-40819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chief-editors-choice","category-csr-news-en","tag-country","tag-covid","tag-cut","tag-education-budget","tag-poor","wpcat-5594-id","wpcat-32-id"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/vastuullisuusuutiset.fi\/wp-content\/uploads\/2020\/07\/pexels-akela-photography-448877.jpg?fit=100%2C100&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/posts\/40819","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/comments?post=40819"}],"version-history":[{"count":3,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/posts\/40819\/revisions"}],"predecessor-version":[{"id":40900,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/posts\/40819\/revisions\/40900"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/media\/19474"}],"wp:attachment":[{"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/media?parent=40819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/categories?post=40819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vastuullisuusuutiset.fi\/fi\/wp-json\/wp\/v2\/tags?post=40819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}