The effects of heavily indebted poor countries initiative (HIPC) on millennium development goals (MDGs) for education

Abstract

In this study, we employ the difference in difference approach to estimate the impact of heavily indebted poor countries initiative on Millennium Development Goals for education in Africa. Using the World Bank data for the period 1990–2015, the studies further identifies other factors that contribute to the achievement of millennium development goals for education. For instance, because of HPIC, the level of the following education MDGs indicators increased: gross enrollment in primary school (21.69%), female-to-male ratio (8.68%) and primary completion rate (13.69). Our study also show that the probability to achieve the millennium development goals for education increases in: female primary education teachers; school enrollment in tertiary, private school enrollment; pupil–teacher ratio; control of corruption and political stability and decreases with increase in the rural population. In this perspective, government of African countries should promote governance, subsidy private schools and recruit female teachers.