Framework and Criteria for the Appraisal and Socioeconomic Justification of Education Projects:Framework for the Economic and Financial Appraisal of Urban Development Sector Projects

Abstract

This Framework is the result of a comprehensive review of Bank's policies and practices in the economic analysis of education projects, and is based on the Bank's operational documents (appraisal reports, post-evaluation findings, existing guidelines, sector paper on education). Operational practices followed by institutions such as the World Bank, the Inter-American Development Bank, and UNDP, as well as operationally relevant literature findings summarized by a Bank staff consultant are incorporated in the Framework. The consultant's findings build largely on the operational experiences of Bank staff in processing and evaluation work. All Bank staff currently involved in the processing of education projects have participated in the development of the Framework; their suggestions for improvements emerging from two feedback workshops and comments at successive review stages over a period of two· years were instrumental in identifying a structured set of education project justification criteria.