Is CCT the Solution for Public Education in Egypt?
German University in Cairo
March 5, 2012
Education Reform is a concern for each country as it is the main tool to ensure human resource improvement. Latin America has used programs known as Conditional Cash Transfer Program that targeted alleviating poverty, improving education and promoting health. Such programs face the problem of asymmetric information, as government give aid to citizens, but not sure how they would use this cash. This problem is known as moral hazard. This paper uses Game Theory analysis to show the moral hazard that would be created due to applying such program in Egypt.
Keywords: conditional cash transfer, education, Egypt, game theory, moral hazard, sustainability
JEL Classification: C79, H31, H52, H53, O5, O23working papers series
Date posted: March 5, 2012
© 2013 Social Science Electronic Publishing, Inc. All Rights Reserved.
This page was processed by apollo6 in 0.313 seconds