Impact of the economic crisis on public financing and spending in education in Peru: period 2020-2021

 

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Detalles Bibliográficos
Autores: Pacheco Lay, Gonzalo Alberto, Miranda Blanco, Arturo Rafael Omar
Formato: artículo original
Estado:Versión publicada
Fecha de Publicación:2021
Descripción:This study examines the impact of the economic crisis on school funding and spending in Peru during 2020-2021 and reviews actions taken in educational expenditure from 1950-2019 and prove that spending on education  benefits the country by fostering human development and teaching life skills.  The study was non-experimental, longitudinal and analyzed trends in order to achieve the first two objectives and was cross-cutting in order to attain the third objective. Information regarding Peru´s educational finances and GDP for the 1950-2019 period, life skills, education, health, economy and social data for  2012, 2015 and 2018, was based on 2018-2019 data sources from 55 countries from both national and internationally renowned organizations. Data processing was based on inferential statistical techniques including the OLS (Ordinary Least Square) method, Chow Test and correlation. Research results reveal 1) a contraction in public spending on education towards the end of 2020 and growth in 2021; 2) existing  tension in defining the source (public or private) of educational funding, public funding on education as an economic policy tool and the overlap of life skills with school enrollment since 2001; 3) Based on international evidence, the benefits of life skills in an effective school approach. Recommendations for each of the aforementioned results are made in the conclusion.
País:Portal de Revistas UCR
Institución:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Lenguaje:Español
OAI Identifier:oai:portal.ucr.ac.cr:article/43637
Acceso en línea:https://revistas.ucr.ac.cr/index.php/educacion/article/view/43637
Access Level:acceso abierto
Palabra clave:COVID-19
Economic Growth
Education
Public Finances
Peru
Crecimiento económico
Educación
Finanzas públicas
Perú