Buradasınız

Anasayfa » Content

ECONOMIC THOUGHT ABOUT PRIVATE SECTOR EDUCATION: POLICY IMPLICATIONS FOR MANAGEMENT OF UNIVERSITIES IN AFRICA

Journal Name:

  • The Turkish Online Journal of Distance Education

Publication Year:

  • 2006

Key Words:

Author NameUniversity of Author
Abstract (2. Language): 
This study provides relevant economic ideas that can assist Nigeria and other African countries in making innovative policies at privatizing university education. A review of the education market scene on the continent provides an imperfect market with adverse consequences occasioned by inadequate information and unbridled competition. Advocating a joint role for sharing the costs and benefits of university education between government and private sectors, the study suggests a four-policy option for adoption by Nigeria and other African countries. These are, in ascending order of importance:  regulated private,  subsidized private,  competitive private, and  complementary private systems of university education Using the Backcock University in Nigeria as an example, this paper demonstrates the positive managerial influence of a competitive and complementary system of private university. Nevertheless, to forestall market failure, this study rounds off by pointing out the reformatory, regulatory and redemptive roles of government in the management of private universities in Nigeria and other African countries.
Bookmark/Search this post with
FULL TEXT (PDF): 
PDF icon arastirmax-economic-thought-about-private-sector-education-policy-implications-management-universities-africa.pdf
  • 2
  • English

REFERENCES

References: 

Babalola, J. B. (1999) “Privatization of Higher Education in Africa: An Exploration of
Theories and Lessons from Some Foreign Experience”, The Journal of Humanity, 2:145-156
Babalola, J. B. (2002) Cost Benefit Analysis and Project Management. Ibadan: Centre for
External Studies, University of Ibadan.
Eicher, J. C. (1998) “The Costs and Financing of Higher Education in Europe”. In European
Journal of Education, Vol. 33(1): 31-39.
Greenwald, D. (1982) Encyclopedia of Economics. USA: McGraw-Hill
IBRD/World Bank (2002) Constructing Knowledge Societies: New Challenges for Tertiary
Education. Washington D.C.: The World Bank.
JAMB (2003) Guidelines for admissions to First Degree Courses in Nigerian Universities and
other Degree Awarding Institutions. Lagos: Joint Admissions and Matriculation Board.
Meier, G. M. (2001) “The Old Generation of Development Economist and the New” In Meier
G.M and Stiglitz J.E (Eds.) Frontiers of Development Economics: The Future in Perspective.
New York: Oxford University Press, pp.1-50.
Musgrove, P. (2004) Health Economics in Development. Washington D.C: The World Bank
US Department of State Office of International Information Programs (no year of
publication) Outline of the U.S. Economy. US Department of State Office of International
Information Programs: http://usinfo.state.gov
Todaro M. P. (1992) Economics for a Developing World: An Introduction to Principles,
Problems and Policies for Development. England: Pearson Education Limited.
William, J. (1999) Principles of Health Economics for Developing Countries. Washington
D.C: The World Bank.
World Bank (1997): World Development Report 1997: the State in a Changing world.
Washington D.C.: The World Bank.
World Bank (2002) World Development Report 2002: Building Institutions for Markets.
Washington D.C.: The World Bank.

Thank you for copying data from http://www.arastirmax.com