Targeted vouchers and its effects

This paper discusses the benefits of the “Targeted Vouchers” system in relation to the actual one. It analyses the Chilean experience and emphasizes the importance of the appropriate design of the vouchers system in order to achieve the expected results.The analyses also suggest that the implementat...

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Bibliographic Details
Author: Andrade, Eduardo de Carvalho
Format: article
Status:Published version
Publication Date:2009
Country:Brasil
Institution:Fundação Cesgranrio
Repository:Ensaio (Rio de Janeiro. Online)
OAI Identifier:oai:ojs.localhost:article/646
Online Access:https://revistas.cesgranrio.org.br/index.php/ensaio/article/view/646
Access Level:Open access
Keyword:Educational financing; Educational “Vouchers”; Efficiency; Human capital
Finanzas educativas; “Vouchers” educativos; Eficacia; Capital humano
Financiamento educacional; “Vouchers” educacionais; Eficiencia; Capital humano
Description
Summary:This paper discusses the benefits of the “Targeted Vouchers” system in relation to the actual one. It analyses the Chilean experience and emphasizes the importance of the appropriate design of the vouchers system in order to achieve the expected results.The analyses also suggest that the implementation of this system may face opposition due to two consequences of its implementation: reduction in the welfare of specific groups and the closure of some Public universities which are less efficient.