Nyamongo, M.E. (Nyamongo Esman)Schoeman, N.J. (Nicolaas Johannes)2010-09-302010-09-302010Nyamongo, ME & Schoeman, NJ 2010, 'The quality of governance and education spending in Africa', Southern African Business Review, vol. 14, no. 2, pp. 1-23. [www.unisa.ac.za/sabusinessreview]1561-896Xhttp://hdl.handle.net/2263/14945This study investigates the effects of the quality of governance, namely corruption, political instability and democracy, on the public budget allocation to education by using data for a panel of 28 African countries over the period 1995–2004. The estimation results show that education expenditure is affected by the level of corruption, with highly corrupt countries devoting a smaller share of their budgets to this vote. Political instability impacts negatively on education, but the level of democracy does not seem to have a prominent effect in this regard. However, International Monetary Fund programmes favour expenditure on education as part of its intended capacity-building effort.enCollege of Economic and Management Sciences, University of South AfricaQuality of governanceEducation spendingExpenditures, Public -- AfricaEducation -- Africa -- FinanceGovernment aid to education -- AfricaLocal budgets -- AfricaArticle