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Business Review

Abstract

The study assesses the performance of a developing economy's educational sector by comparing some fundamental educational statistics from Pakistan to those of ten better-performing nations, and it outlines the required levels of education for the following decade. It presents a road map for the educational sector in Pakistan for the next ten years after identifying the gap between the existing and required levels of educational statistics. For each level of education, projections for the following variables are created. The required levels of Gross enrolment ratios, student-teacher ratios, the number of enrolments and the number of teachers. The required distribution of government spending across educational levels. Normed Planning approach is followed for the purpose by using panel data of 10 selected countries over the time period 2003-2017. It has also been observed that enrolments at each level of education are far below the required level based on international norms. In primary and secondary education, there are significant disparities between actual and necessary student-teacher ratios. In Pakistan, educational funding appears to be unbalanced, with primary and secondary education receiving more public funds than tertiary education. The analysis also demonstrates that the percentage of capital spending in total government expenditure on education is lower than what is required.

Keywords

Educational Requirements, Road Map for Educational Sector of Pakistan, Comparison With Selected Countries, Normed Planning

DOI

https://doi.org/10.54784/1990-6587.1510

Journal of Economic Literature Subject Codes

I25, O2, O53

Creative Commons License

Creative Commons Attribution 4.0 International License
This work is licensed under a Creative Commons Attribution 4.0 International License.

Published Online

June 26, 2023

Included in

Economics Commons

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Publication Stage

Published

Article Timeline

Submitted

27-10-2022

Published

01-01-2023

 
 

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