This book explains why the World Banks commitment to education is important. It considers how the nature of the Bank as a financial institution has shaped its view of economic growth, development and poverty reduction. In shaping its education policies and programs from a banking point of view, a particular World Bank approach to educational development has emerged, with major implications for the future of education worldwide.

The book examines the reasons why the Bank is involved in education, the evolution of its education policy stances, and how the Bank uses education as part of its...