“The new strategy calls for stronger systems to improve the quality and reach of education in three areas:
First, the Bank Group will prioritize and finance reform of countries’ education systems as a whole to improve the quality of student learning. The Bank Group will focus on increasing accountability and results as a complement to providing school buildings, teacher training, and textbooks. Strengthening education systems means aligning their teacher policies, governance, management, financing, and incentive mechanisms with the goal of learning for all.
Second, the Bank Group will match new education financing with results. The strategy highlights examples of recent innovative projects in Bangladesh, Jamaica, and Vietnam, which have used results-based financing and other incentives to improve student and school performance, and can serve as models for other countries.
Third, the Bank Group will build a leading knowledge base for education reform of what works and what doesn’t in education reform, using impact evaluations, learning assessments, and new system assessment and benchmarking tools that are being developed. By benchmarking education reform progress against international best practices, the Bank Group will help countries diagnose the strengths and weaknesses in their reform efforts and better target future investments”.
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