Social Return on Investment Analysis of Support from the Commonwealth of Learning for the Open and Innovative Schooling Model
Social Return on Investment Analysis of Support from the Commonwealth of Learning for the Open and Innovative Schooling Model
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Date
2021-10
Authors
Manyamba, Christopher
Phundulu, Morris
Vally, Zaheedah
Muchesa, Evans
Mosselson, Maureen
Editor
Corporate Author
Journal Title
Journal ISSN
Volume Title
Publisher
Commonwealth of Learning (COL)
Report/Paper Number
Abstract
As the Commonwealth of Learning (COL) was in the last year of its 2015–2021 strategic plan, COL sought to evaluate the impact of its interventions in open and innovative schooling (OIS) in the period 2018–2021 through an external review. An online quantitative study was carried out in Belize, Malawi, Mozambique, Trinidad and Tobago, and Zambia, followed by a contextual cost–benefit analysis, and a social return on investment (SROI) analysis. Overall, COL’s contribution to the OIS programme in terms of Phase 1 and Phase 2 activities is perceived to have significantly contributed to the success noted so far in the five countries under study. The SROI ratios for all countries were positive, indicating that the social returns on this intervention are desirable, justifying a case for continued support of such OIS initiatives.
Description
Subject
Open Schooling,
Value for Money,
Social Return on Investment
Country
Belize,
Malawi,
Mozambique,
Trinidad and Tobago,
Zambia
Region
Caribbean and Americas,
Africa