Authors: Marphatia, A.A.; Archer, D.; ActionAid International; Global Campaign for Education
Produced by: ActionAid International (2005)

This paper intends to demonstrate the International Monetary Fund's (IMF) role in constraining countries from increasing public expenditure in education to meet the Education For All (EFA) goals and the education-related Millennium Development Goals (MDGs). The findings are based on research and country case studies undertaken by ActionAid International offices in Guatemala, Bangladesh, India, Cameroon, Ethiopia, Kenya, Nigeria and Sierra Leone during 2004-05. This document argues that the tight macroeconomic policies imposed by the IMF in return for loans prevent countries from increasing public spending, making it difficult or impossible to provide education for all citizens.