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Financing Higher Education and Economic Development in East Asia

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ISBN: 9781921666636 Year: Pages: 281 DOI: 10.26530/OAPEN_459234 Language: English
Publisher: ANU Press
Subject: Economics --- Education
Added to DOAB on : 2012-06-14 11:46:25
License: ANU Press

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Abstract

This volume addresses important issues to do with access to higher education and different models of its financing in the East Asia region. It is enriched by diverse perspectives from vastly different starting points and by the historical and institutional settings in the region. The issues are set out in the context of the value of higher education in economic development and how it contributes to the capacities to adopt and adapt to new technologies and undertake institutional innovation. The established and well-functioning higher education loan and financing systems, such as those in Australia, and the experience of different systems tried—both in East Asia and in the United States—are brought to bear in this volume.

Rising China: Global Challenges (China Update)

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ISBN: 9781921862298 Year: Pages: 327 DOI: 10.26530/OAPEN_459495 Language: English
Publisher: ANU Press
Subject: Economics
Added to DOAB on : 2012-06-14 11:46:24
License: ANU Press

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Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China’s integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China’s integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China’s trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China’s rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.

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