Article ID Journal Published Year Pages File Type
356171 International Journal of Educational Development 2014 9 Pages PDF
Abstract

The International Finance Corporation (IFC), the private sector financing arm of the World Bank Group, is currently the largest multilateral investor in private education in developing countries. Drawing from staff interviews and programmatic data, this paper provides a brief overview of the IFC and its mandate; examines the stated purposes of the IFC's work in education; reviews the IFC's portfolio of investments in education; and looks at the linkages between the IFC and the World Bank's lending arms. The paper concludes by questioning the IFC's contribution to the World Bank Group's poverty alleviation mandate.

► We provide an overview of the International Finance Corporation's (IFC) mandate. ► We examine the IFC's educational portfolio. ► We explore the relationship between the IFC and the World Bank. ► The IFC invests in education in mainly middle and upper-middle income countries. ► It is questionable if IFC's educational investments contribute to poverty alleviation.

Related Topics
Social Sciences and Humanities Social Sciences Development
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