This report considers whether, given the large financing gap facing many countries in education, it is possible for leveraging and blending of grants and loans, particularly through the multilateral banks, to play an expanded, catalytic role.
The report also asks how such interventions can best be designed so as to help crowd in domestic and private finance along with international grants and loans.
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Enhancing multilateral loans for education: intervention rationales, mechanisms, options and decision criteria
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Andrew Rogerson and Maria Ana Jalles d’Orey