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Ashford, Richard; Biswas, Shampa – International Journal of Educational Development, 2010
The reduction of transaction costs is a commonly mentioned yet rarely elaborated goal for aid effectiveness in educational development. The casual use of the concept of transaction costs conceals which costs may be reduced, which costs are required and, indeed, what transaction costs actually are. Examining issues related to harmonizing the…
Descriptors: Educational Development, Economics, Cost Effectiveness, Program Effectiveness