The second Millennium Development Goal on providing universal primary education is key to attaining all the eight development goals, Oxfam’s Jeremy Hobbs argues.
Basic education is one of the most cost-effective development interventions, leading to measurable improvements in economic growth, HIV prevention, nutrition, child and maternal health, and conflict prevention, according to Oxfam International’s executive director.
“We need to build on what we know works, and the facts on education are clear. This leaves unambiguous choices for developing countries, and for the global donor community,” Hobbs writes in a blog published in the Ideas for Development’s website.
Amid aid cuts due to the recent global economic crisis, Hobbs recommends tapping multilateral cooperation schemes that pool funds to back countries with “well-designed” national education strategies. An example of this multilateral mechanism is the Education for All-Fast-track Initiative, a global partnership that provides support to low-income countries demonstrating commitment to achieve the MDG on education.
The initiative, however, is “dangerously low on funds,” according to Hobbs.
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