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Economics of Education and Education Policymaking Processes in Pakistan: A critical Review

Ahmed Nawaz Hakro and Saadia Mesti ()
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Saadia Mesti: Leceister University

Chapter 33 in Investigaciones de Economía de la Educación, 2011, vol. 6, pp 359-548 from Asociación de Economía de la Educación

Abstract: A number of critical economic issues are discussed linked to education; such as equity, productivity, public expenditure, regional and class divide, choice and competition, market failure, externalities. Different perspectives on impact of education and how education should be produced and financed are analyzed. Educational Policy making processes in Pakistan is critically assessed in its historical perspective. Recommendations derive out of analyzes that are immediate end to apartheid educational system, decrease inequality, increase public expenditure, more social justice, humanist inclined, less bureaucratic system should be devolved which can serve the society in best way.

Date: 2011
ISBN: 978-84-695-0585-4
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Handle: RePEc:aec:ieed06:06-33