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- W3124160408 abstract "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 have a higher probability of leading to successful outcomes than projects for which the appraisals are judged poor. The research draws on project document evaluations carried out between 1993 and 1998. Analysis shows a strong relationship between the quality of cost-benefit and cost-effectiveness analysis and the quality of project outcomes. analysis of projects is a tool for weeding out potentially poor investments and select potentially worthwhile ones. The economic analysis can be used to select among alternative projects or to redesign project components so that they yield more and produce better outcomes. Good practice education projects require good economic analysis - analysis of demand, of the counterfactual private sector supply, of the project's fiscal impact, of lending's fungibility - and strong sector work before project design. This paper - a joint product of the Education Team, Human Development Network, and the Human Development Sector Unit, East Asia and Pacific Region - is part of a larger effort in the Bank to improve the quality of education projects. The study was funded by the Bank's Research Support Budget under the research project Economic Analysis in Education Projects (RPO 682-95)." @default.
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- W3124160408 date "2001-02-26" @default.
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- W3124160408 title "Economic Analysis of World Bank Education Projects and Project Outcomes" @default.
- W3124160408 hasPublicationYear "2001" @default.
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