Abstract
In South America, Performance Stimulus Funds, also known as performance-based financing, are characterized by profound inequalities and limitations in institutional capacity. This study aimed to determine the importance assigned to these funds for results-based educational management in the region between 2022 and 2025 through a systematic review of 50 scientific articles published in journals indexed in Scopus, ScienceDirect, and SciELO. The results show that timely public financing and an adequate administrative control system facilitate the fulfillment of educational management commitments, although the available evidence is concentrated in Peru, Ecuador, and Chile. It is concluded that these funds constitute a key mechanism for linking financing to the achievement of targets and the reduction of educational disparities, provided that they are supported by adequate administrative capacity.
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