Business can play a role in education, says World Bank boss

Harry Patrinos:

Whether education is best provided by the public or private sector should cease to be an ideological issue, with decisions made purely on the basis of which is the best quality and most cost-effective option, says the World Bank’s lead education economist.
In an interview with The Daily Telegraph, Harry Patrinos, co-author of The Role and Impact of Public-Private Partnerships in Education, a report published by the World Bank, said that he believes there is a much greater role for business in education generally, subject to strict conditions.
Mr Patrinos said that, despite Britain pioneering public-private partnerships (PPPs) to build new school infrastructure under schemes such as the Private Finance Initiative over the past decade, real progress will only be made when private suppliers are allowed to hire and fire teachers and manage schools themselves.
“Education is a social investment, as well as a private investment. There is and will always be a government responsibility, but that doesn’t have to mean ownership of schools,” he said.