Korea's Official Development Assistance to the Philippine Education Sector: Observations and Inputs

Inero Ancho Inero Ancho ()
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Inero Ancho Inero Ancho: University of the Philippines Los Baños, Postal: 2/F Abelardo G. Samonte Hall, University of the Philippines Los Baños, College,, Batong Malake, Los Baños, 4031 Laguna, Philippines, https://uplb.edu.ph/

No 23-6, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Advocating inclusive and equitable quality education (SGD 4: Quality Education) is central to sustainable development efforts anchored on collaboration and partnership that enable the policy-to-impact synergy. Agencies and institutions in various levels need to align motivations as they work towards realizing education for sustainable development (ESD). As education fuels sustainable development, school access and completion need to be prioritized, as wealth inequality and gender gap are eliminated. Human capital investment involves the provision of relevant and responsive education systems and training. These mechanisms enable an individual to be productive and contribute to positive outcomes, improved standard of living, and potential gains. As a core element to growth and poverty reduction, human capital suggests implementing significant and concrete progress in core education indices. Further, sustained economic growth, increased productivity value, and favorable social returnsare manifested outcomes at the macro level. This paper looks at the ODA from Korea to the Philippines in the context of education. The discussion will be anchored on the Philippine Development Plan and AmBisyon Natin 2040 as roadmaps reflecting the aspirations of every Filipino of having a strongly rooted, comfortable, and secured life.1 Observations and inputs will be offered to ensure effective ODA and provide focus and ways forward towards access to and quality of education, along with programs and projects that contribute into any meaningful development of the Philippine economy.

Keywords: Official Development Assistance; the Philippine Education (search for similar items in EconPapers)
Pages: 12 pages
Date: 2023-03-08
New Economics Papers: this item is included in nep-sea
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