In an uncertain and volatile international context characterised by competing priorities for public spending, pressure is mounting for policy makers to enhance the efficiency of public spending in all sectors, including education. There is no question that there is a strong economic and social case for continued public investments in education, so the dilemma is not on whether or not to invest in education, but rather on how to make the most of this investment and foster a “Value for money”.
Please join us to discuss the many benefits that education brings to economies and societies, but also strategies that can help policy makers make smarter investment in education in order to reap its full benefits.
To do so, they need to foster equal opportunities and quality outcomes, and the good news is that the pursuit of efficiency and equity in education can work together through smart investments in four areas. Policy makers also need to carefully design funding mechanisms, pay attention to budget planning, and build a culture of systematic evaluation in education to ensure alignment with education objectives, transparency, accountability and capacity building.
- Luiz de Mello, Director of the Policy Studies Branch in the OECD Economics Department
- Andreas Schleicher, OECD Director for Education and Skills
- Andreea Minea-Pic, Analyst, OECD Directorate for Education and Skills
- Luka Boeskens, Analyst, OECD Directorate for Education and Skills
Moderated by Karine Tremblay, Senior Analyst, OECD Directorate for Education and Skills