Debt swaps for financing education: Exploration of new funding resources

Artikel

As an innovative financial mechanism to explore additional funds for social development programs in developing countries, debt swaps for development, including debt-for-education swaps, became popular between the 1980s and 2000s. Their popularity, however, seems to have diminished since the beginning of the 2010s. This article describes debt swaps for development with a focus on debt-for-education swaps, explaining how they became popular, examining why they have lost momentum, and exploring whether debt-for-education swaps are a feasible option for funding social development programs. Despite recent economic recovery and growth worldwide, one of the key obstacles for achieving the United Nations' Sustainable Development Goal 4-to ensure inclusive and equitable quality education and promote lifelong learning opportunities for all-remains inefficient funding for education programs in developing countries. Based on the findings, this article argues for the feasibility of debt-for-education swaps to seek funding with a number of conditions.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Journal: Cogent Economics & Finance ; ISSN: 2332-2039 ; Volume: 6 ; Year: 2018 ; Issue: 1 ; Pages: 1-10 ; Abingdon: Taylor & Francis

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: debt swaps ; social development ; financial mechanism ; education

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ito, Hiroshi ; Sekiguchi, Ryosuke ; Yamawake, Toshiyuki
• Ereignis: Veröffentlichung
• (wer): Taylor & Francis
• (wo): Abingdon
• (wann): 2018

Weitere Informationen

• DOI: doi:10.1080/23322039.2018.1563025
• Handle: http://hdl.handle.net/10419/245191
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ