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Financing Investments in Young Children Globally Summary of a Joint Workshop by the Institute of Medicine, National Research Council, and The Centre for Early Childhood Education and Development, Ambedkar University, Delhi (2015) / Chapter Skim
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5 Building Equitable Costing Models
Pages 33-36

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From page 33...
... Speakers raised several questions around priorities for funding, ensuring value, determining cost-effectiveness, and creating best practices for both assessing costs and guaranteeing that funding reaches its recipients. HOW TO BUILD COSTING MODELS ON THE PRINCIPLE OF EQUITY FOR CHILDREN AND FAMILIES1 Tamar Atinc of the Brookings Institution opened the session by reiterating that gaps exist in funding early childhood development programs and services.
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From page 34...
... Taking a life cycle investment perspective, Mukherjee noted that investments in young children are very difficult to cost because there are many inputs, outputs, mechanisms, and outcomes to consider, in addition to the various stakeholder groups. Within the ICDS, designed to coordinate all components of supporting child development, unit costs are 2  This section summarizes the information presented by Anit Mukherjee, Center for Global Development.
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From page 35...
... Using the child as the central focus of the platform could help converge interests and funds. DESIGNING COSTING MODELS3 During the concurrent breakout sessions that occurred during the second day of the workshop, discussants from the breakout session on designing costing models raised questions around what should be considered in a cost-effectiveness analysis: should one consider outcomes, inputs, programs, policies, projects, scaling up, cost efficiency, or something else?
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From page 36...
... In building a costing model, one participant noted, several categories of costs could be enumerated, including types of populations to be targeted, human resources, supplies, administration, supervision, training and capacity building, advocacy, infrastructure, repairs and maintenance, communication, operations, monitoring and evaluation, travel, and others. Some participants also asserted that boundaries should be created to determine which costs should be included because it is possible to cost inaction, opportunity costs, future costs, and other indirect costs and externalities that are not specific program or intervention costs.
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Key Terms

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  • mukherjee noted

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  • designing costing
  • anit mukherjee
  • capita costs

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  • cross multiple
  • past couple
  • delivery platform

  • picture costs
  • assessing costs
  • development explored
  • various components
  • accountability initiative

  • big picture
  • summarizes information
  • raised additional
  • multiple departments
  • common delivery

  • cost efficiency
  • unit costs
  • convincing policy
  • ensuring value
  • discussed included


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