What is the Impact of the Economic Crisis on Public Education Spending?

Oecd

No 18, Education Indicators in Focus from OECD Publishing

Abstract: The aftermath of the 2008 financial crisis has meant a significant number of countries have cut public spending on education. Despite GDP rising in most OECD countries between 2009 and 2010, public expenditure on educational institutions fell in one-third of them. Teachers’ salaries were either frozen or cut between 2009 and 2011 in 12 out of the 25 OECD countries with data available. This may discourage the highest-performing students from joining the teaching profession. Demand for education and training is increasing even as austerity continues to put pressure on the resources allocated to education. Educational institutions will have to do more with less in the coming years.

Date: 2013-12-01
New Economics Papers: this item is included in nep-edu
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1787/5jzbb2sprz20-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:eduaaf:18-en

Access Statistics for this paper

More papers in Education Indicators in Focus from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ().