Shafiq, M Najeeb
(2010)
The Effect of an Economic Crisis on Educational Outcomes: An Economic Framework and Review of the Evidence.
Current Issues in Comparative Education, 12 (2).
5 - 13.
ISSN 1523-1615
Abstract
This article first provides an economic framework for understanding how an economic crisis affects children's educational outcomes; this framework shows that there are both negative (harmful) effects and positive (beneficial) effects on educational outcomes. A review of the empirical evidence suggests that the negative effects are typically stronger, and that national educational outcomes deteriorate during a crisis. Finally, a review of the interventions indicates that fee reduction, conditional cash transfers, media campaigns, and block grants help moderate the effects of an economic crisis on children's educational outcomes.
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