- YEAR
- 2011
- SUBJECT
- [RR2011-26] Analysis on Education Investment and performance of Municipality
- ABSTRACT FILE
-
RR2011-26_Abstract.pdf
- FULL TEXT FILE
- TITLE
- [RR2011-26] Analysis on Education Investment and performance of Municipality
- AUTHOR(S)
- Eun-bae Kong
- KEYWORDS
- Education financing structure, Education investment of municipality, Local government’s investment in education, Non-legally mandated revenues, Subsidies for educational expenditure, Performance of local governments’ investment in education
- PUB .NO
- RR2011-26
Analysis on Education Investment and performance of Municipality
Recently, many local governments have promoted education as the biggest driving force to boost local community, and they have scrambled to invest more in their education system. Municipal governments across Korea, which traditionally relegated education to local education offices, have taken up more interest in education than ever before to satisfy and lure parents who choose to move from less well-off to privileged school districts in search of opportunity for better education for their children. At the same time, they have expanded the funding set aside for education from local government general account. As funds transferred from municipality general account to education office’s special account which is not mandated by law, and educational expenditure subsidies ？ subsidies provided from municipality general account to individual schools - have increased, a gap in the level of investment in education by local governments has widened depending on their financial condition.