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E-Learning Financing Models in Russia for Sustainable Development

Author

Listed:
  • Dayong Nie

    (Department of Science & Technology, Yellow River Conservancy Technical Institute, Kaifeng 475004, China)

  • Elena Panfilova

    (Department of Management Organization in Engineering, State University of Management, Moscow 109542, Russia)

  • Vadim Samusenkov

    (Department of Prosthetic Dentistry, Federal State Autonomous Educational Institution of Higher Education I.M. Sechenov First Moscow State Medical University of the Ministry of Health of the Russian Federation (Sechenov University), Moscow 119991, Russia)

  • Alexey Mikhaylov

    (Research Center of Monetary Relations, Financial University under the Government of the Russian Federation, Mosco, 125993, Russia)

Abstract

E-learning brings new dimensions to traditional education. This especially affects countries that, due to many factors, have historically been considered the “talent pool” for the world community. In this study, a model for financing e-education has been developed that is applicable to Russian realities. The model was built around the balance between demand (global politics, economics, and principles of sustainable development) and supply (sources of direct financing). As a result, a key challenge of improving the e-learning financing methodology and models, specifically the efficiency of government spending and private investing, demands the use of new approaches and mechanisms. To improve e-learning financing, a clear understanding of the applied purpose of public and private means is required. Responsibilities for the e-learning outcome of institutions that receive financing are linked to their status. An unclear understanding of these issues is more likely associated with the issue of transparency of financing than with inefficiency. The proposed model allows transforming the “standards” of financing both in the field of e-education and Russian education in general and presents a new vision of participants’ interaction in the educational process, taking into account a set of restrictions and market features.

Suggested Citation

  • Dayong Nie & Elena Panfilova & Vadim Samusenkov & Alexey Mikhaylov, 2020. "E-Learning Financing Models in Russia for Sustainable Development," Sustainability, MDPI, vol. 12(11), pages 1-14, May.
  • Handle: RePEc:gam:jsusta:v:12:y:2020:i:11:p:4412-:d:364269
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    References listed on IDEAS

    as
    1. Rainald Borck & Martin Wimbersky, 2014. "Political economics of higher education finance," Oxford Economic Papers, Oxford University Press, vol. 66(1), pages 115-139, January.
    2. Liudmila V. Goryainova & Igor S. Krishtal & Olga D. Kuznetsova, 2017. "Financing of Infrastructure in Education: International Experience of Attracting Private Investments and Opportunities for Russia to Form a Knowledge-Driven Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(2B), pages 348-363.
    3. repec:ers:journl:v:xx:y:2017:i:2b:p:348-364 is not listed on IDEAS
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    8. Li-Jen He & Jianxiong Chen, 2021. "Does Mandatory Audit Partner Rotation Influence Auditor Selection Strategies?," Sustainability, MDPI, vol. 13(4), pages 1-21, February.
    9. Ivan Udalov, 2021. "The Transition to Renewable Energy Sources as a Threat to Resource Economies," International Journal of Energy Economics and Policy, Econjournals, vol. 11(3), pages 460-467.

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