FUNDING CRISIS IN HIGHER EDUCATION INSTITUTIONS: RATIONALE FOR CHANGE
Journal Title: Asian Economic and Financial Review - Year 2012, Vol 2, Issue 4
Abstract
An important priority of public policy is to ensure that higher education institutions contribute to economic growth and social progress as a whole, especially in the context of today’s globalised markets and knowledge economy. It is crucial for any nation to have a good education system and strategic planning to improve learning outcomes, access to facilities, and efficient use of resources. This paper explained the rationale for changein funding higher education with comparison made based on previous literature in developed and developing countries.
Authors and Affiliations
Abd Rahman Ahmad| Faculty of Technology Management and Business, Universiti Tun Hussein Onn Malaysia, 86400 BatuPahat, Johor, Malaysia, Alan Farley| School of Accounting and Finance, Faculty of Business and Law, Victoria University of Melbourne, Australia, Moonsamy Naidoo| School of Accounting and Finance, Faculty of Business and Law, Victoria University of Melbourne, Australia
Keywords
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