Investing in the Future in Response to Crises——An Analysis of and the Enlightenment from Global Policies for Education Finance in the Context of the COVID-19 Pandemic
The health and economic crises triggered by the COVID-19 pandemic exacerbated the pre-existing global crises in education and budgeting.The United Nations and development agencies have always stood in the forefront of both the fight against the pandemic and global governance,advocating education as a key response to recovery from the pandemic and the weakened economy,and calling on all countries and partners to invest in education for the future of people and the earth.However,many developing countries failed to include education in national financial support priorities,the share of public spending on education in government budgets declined,education was not emphasized in the fiscal response to the crises,and the aid to education as a share of the total Official Development Assistance(ODA)declined.During the pandemic,China faced more downward pressure on the economy and apparent contradictions between fiscal revenue and expenditure,but it still emphasized"increasing instead of deceasing"financial investment in education.In the post-epidemic era,when China is accelerating the building of a powerful country in education,it needs to draw on international communities'advanced concepts and policy initiatives on educational development,give first priority to the development of education,promote digital education,create new mechanisms for the financing of education,allocate education funds fairly and reasonably,provide public goods for international education,and contribute China's strength to the development of global education.
the COVID-19 pandemicinternational organizationeducation financefinancing mechanism
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