THE IMPACT OF GOVERNANCE AND INSTITUTIONS ON EDUCATION AND POVERTY ALLEVIATION: A PANEL STUDY OF SAARC ECONOMIES

Abstract

The present study examines the impacts of governance and institutions on education and poverty alleviation in South Asia. Poverty, illiteracy and poor quality education are the major problems of developing world. As depraved education and poverty are the main problems of developing nations. Good governance provides a platform for inquiring the long menu of institutional changes and proper initiatives which are currently considered as essential for development. Institutions affect both poverty and education directly and indirectly through number of channels which in turn affect government policies for making decisions regarding poverty reduction and quality education. However, poor governance and weak institutional structure also remained the pressing issue of developing economies. This study endeavors to identify the relationship between these two areas and try to dig out the impacts of governance and institutions on education and poverty in the south Asian economies through econometric techniques.