Educational Finance in Thailand - UNESCO Bangkok

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Final Report, Volume II/3 Anthony. Cresswell: Educational Finance UNESCO-PROAP TA 2996-THA Education Management and Finance Study July 1999 cent range. The rate dropped to an annual increase of 5.5 per cent for the GDP in 1996, virtually zero (- 0.4%) in 1997, and a negative growth rate of 8.5 per cent for 1998. The crisis is reflected in the rapid drop in asset and currency values in late 1997 and early 1998, as shown in Figure 2 and Figure 3 below. Figure 2 - Changes in currency values Changes in Currency Values, Selected Asian Countries (as of 8 July '98) 40% 20% 0% -20% -40% -60% -80% -100% Thailand Malaysia Phillipines Indonesia Singapore Korea Honk Kong Taiwan Japan Since June '97 Since Dec. '97 b. These indicators from Figure 2 and Figure 3 show that the relative magnitude of the initial crisis in Thailand was very serious, exceeded by a significant margin only in Indonesia. However, the more recent trends suggest that the recovery in Thailand may be somewhat more rapid than in nearby countries. The proportional rebound in both currency and asset values for Thailand was greater than for any Asian country except Korea, and appears to be maintaining that pattern. However the effects on the population and on the educational system cannot be expect to dissipate rapidly. Therefore the need for appropriate reform measures remains strong. 26
Final Report, Volume II/3 Anthony. Cresswell: Educational Finance UNESCO-PROAP TA 2996-THA Education Management and Finance Study July 1999 Figure 3 - Changes in stock index values Changes in Stock Indexes, Selected Asian Countries (as of 8 Jul '98) 20% 10% 0% -10% -20% -30% -40% Since June '97 Since Dec. '97 -50% -60% Thailand Malaysia Phillipines Indonesia Singapore Korea Honk Kong Taiwan Japan c. The effects of the economic crisis on the students and schools is more difficult to document, but apparently serious. The best information about the economic condition of schools and students concerns the private school system (collected by the Office of the Private School Commission, OPEC). The evidence of the impacts can be shown in a number of ways. The enrollments in the private schools appear to be dropping, which would be expected due to their higher costs. The enrollment changes are shown in Figure 4 below. 27
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Final Report, Volume II/3 Anthony.
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mission and operations. The term
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The information requirements for fi
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Table 1: Continued Dept. Flow of Re
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Table 1: Continued Dept. Flow of Re
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Description and assessment of compu
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Table 3: Existing computer systems
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Table 3: Continued Current existing
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Description of flows of financial i
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(teachers, facilities, etc) if data
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Table 4: Continued. Content of curr
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Table 5: Assessment of information
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An assessment of information system
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general administration, these syste
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Recommendation for IS Most involved
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6. The nation wide implementation.
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References Office of the permanent
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Office of private education commiss
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Interviews 10 September 1998, 9:00-
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Appendix 2 Projections of Costs of
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Projected Cost Increases for Expand
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Identification of Schools for Sampl
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8. Please place an X in a box below
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enrollment as a whole growing at an
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Figure 1: Thailand’s Development
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Table 5: Crude transition rates of
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and level of education, 1993 and 19
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2.31 Questionable quality of educat
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income inequality between agricultu
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4.1.4. The percentages calculated f
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Table 11: Public and Private sector
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4.3.8. As would be expected, unempl
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5.7 The dilemma is to balance the s
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Table 14: Unemployment and Underemp
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there any activities that would be
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References Chalongphob Sussangkarn
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Appendix 6 BMA Voucher Policy A. Lo
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Appendix 7 Finance Allocation Metho
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Appendix 8 Program Structure of the
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Not all possible flows are show, si
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Appendix 11 Results of Regression A
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