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Lesson
Financing arrangements for TVET across public and private schools need to take account of the broader framework of fiscal devolution in countries with significant decentralization policies.

Project Number: 33409-013
Project Name: Vocational Education Strengthening Project
Report Date:
Lesson
Inclusive education planning and management decisions in decentralized public management systems require meeting the diverse needs of the country’s regions in a mutually compatible, synchronized, and coherent manner.

Project Number: 33409-013
Project Name: Vocational Education Strengthening Project
Report Date:
Lesson
The justification of a TVET policy needs to be clear in relation to a country’s labor productivity, competitiveness, and economic growth, and be able to lead to informed decisions about making large public investments in a viable manner.

Project Number: 33409-013
Project Name: Vocational Education Strengthening Project
Report Date:
Lesson
The failure of interest rate liberalization was also partly a failure of analysis. Removing overt administrative control of interest rates may make little difference to prevailing rates and practices if there is little competition between lenders because of the sector’s oligopolistic and closely held structure. Several factors made it unlikely that simple deregulation of rate setting would be conclusive.

Project Number: 29243/29243-01/31910
Project Name: Financial Sector Intermediation Facility and Equity Investment in Bhutan National Bank
Report Date: