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This list shows the government spending on education of various countries and subnational areas by percent (%) of GDP (1989–2022). It does not include private expenditure on education. It does not include private expenditure on education.
Location contributes to a child's lack of access and attendance to primary education.In certain areas of the world, it is more difficult for children to get to school. For example, in high-altitude areas of India, poor weather conditions for more than 7 months of the year make school attendance erratic and force children to remain at home (Postiglione).
Similarly, what is termed 'primary school' in different countries may vary widely. Also, while extensive information for education in developed countries exists, data is only available for a small number of developing countries. [11] This brings into question to what extent the results can be generalized for all developing countries. [11]
A study by Bumba Mukherjee found that developing democratic countries benefit more from IMF programs than developing autocratic countries because policy-making, and the process of deciding where loaned money is used, is more transparent within a democracy. [133]
Education is a major component of well-being and is used in the measure of economic development and quality of life, which is a key factor determining whether a country is a developed, developing, or underdeveloped country.
Krueger was known for her criticism of development funding and for describing developing countries' governments as "rent-seeking states". During the 1980s, the bank emphasized lending to service debt of developing countries, and structural adjustment policies designed to streamline the economies of developing nations.
International development also aims to improve general government policies of these developing countries. "State building" is the strengthening of regional institutions necessary to support long-term economic, social, and political development. Education is another important aspect of international development.
These funds come primarily from well-developed countries including the United States, Japan, France, Germany, and the United Kingdom [36] with 58% from the US, 22% from France, and 8% from the UK. [37] As of 2016, there have been 18 IDA replenishment rounds. [38] Fifty-one member countries participated in the IDA's 16th replenishment of US$49.3 ...