27 October 2021, 3pm BST
As part of the “Global Days of Action for Debt Cancelation” and in the framework of the One Billion Voices for Education Campaign, the Global Campaign for Education is launching new research on Debt and Education financing. Produced in partnership with Open Society Foundations (OSF) and ActionAid International (AAI) the research explores the key factors that influence the relationship between debt alleviation and increased domestic financing for education. The objectives of the event are to:
- Question debt and challenge the economic system for increased equity particularly in the context of global crises such as Covid-19 and the climate crisis.
- Emphasise that debt cancellation or alleviation can increase the size of the national budget, with a potential for a positive impact on national education budgets in the context of the 4S framework and highlight the need for accountable and democratic governance at the national level.
- Highlight the conceptual and relevance of the new research especially regarding the importance of understanding local contexts and frameworks to make debt alleviation mechanisms work and the need to challenge some of the frameworks not enabling the use of these mechanisms.
Researchers from Lebanon, Mongolia and Zambia will briefly present their research and experts on debt and/or education financing will discuss its relevance at the global level:
- David Archer—Head of Participation and Public Services, ActionAid International
- Heidi Chow—Director, Jubilee Debt Campaign
- George Hamusunga—Executive Director, Zambia National Education Coalition (ZANEC)
- Saleh Amin—Researcher
- Mrs Samar Sahyoum—Lebanese Coalition for Education (ANPE)
- Otgontugs Banzragch—PhD in Economics and Education, National University of Mongolia
- Ladislau Dowbor—Full Professor of Economics at the Catholic University of São Paulo, Brazil
- Pedro Rossi—Professor of Economics University of Campinas, Brazil
- Camilla Croso – Director of the Open Society Education Programme