The fiscal crisis facing the economy has led to withdrawal of the state from major sectors of the economy including education. With the advent of the liberalized economic policy the private sector has been playing a pivotal role in the economic development. Higher education ceases to be the 'merit good' and the universities are encouraged to…

This article is an attempt to build an empirical ground for supporting the increased role of public funding in higher education. The rationale for the same becomes pertinent in the current scenario when "public good" nature of higher education is rapidly eroding. Various measures like the proportion of GDP/GSDP spent and the trend of per…

These self-instructional resources have their origins in a workshop on the Costs and Financing of Open & Distance Learning which took place from 6-10 August 2007 in Gabarone, Botswana. The workshop was sponsored by the Commonwealth of Learning (COL) with the overall aim of building capacity to plan, negotiate and manage appropriate financial…

This book presents articles that document the serious funding problems faced by higher education institutions and systems in the Asian and Pacific region, and explores possible strategies to address these problems. It presents an overview of the financial situation faced by higher education in the region, and then discusses two main strategies…

The relationship between higher education and the economy in India, the labor market for college graduates, and the role of the public sector in reducing unemployment of college graduates were assessed in three studies. A case study in the State of West Bengal related the development of higher education with the employment needs of the country…