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School governors play an important part in the democratic governance of education in a number of countries and forming a middle tier of accountability between state and schools. They carry out their role in a voluntary capacity. School governors are drawn from a range of backgrounds, including parents, school teachers, local politicians, business people, and professional groupings. They have a variety of responsibilities, depending on the country in which they are based. Their responsibilities can include, among others: developing a strategy for the school, monitoring the school budget, setting disciplinary strategy, setting school fees. Some members of the school board are elected, while others are co-opted or serve in an ex officio function—for example, head teachers. Political, social, and economic changes—based largely on shifts to the political economy of capitalism facilitated via organizations such as The World Bank and the International Monetary Fund since the late 1970s—have resulted in changes across education systems, leading to the globalization, privatization, and deregulation of public policy as a whole, and have affected the role and competencies of school governors. This is particularly the case in England and South Africa.