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Funding Crisis in Higher Education Institutions: Rationale for Change

Author

Listed:
  • Abd Rahman Ahmad
  • Alan Farley
  • Moonsamy Naidoo

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.

Suggested Citation

  • Abd Rahman Ahmad & Alan Farley & Moonsamy Naidoo, 2012. "Funding Crisis in Higher Education Institutions: Rationale for Change," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 2(4), pages 562-576.
    • Handle: RePEc:asi:aeafrj:v:2:y:2012:i:4:p:562-576:id:781
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