tailieunhanh - Funding Higher Education: The Contribution of Economic Thinking to Debate and Policy Development

Although some older companies, including IBM and Hewlett-Packard, played central parts in the emerging IT industries, no one imagines that these industries could have taken off as profusely as they did just from the existing corporate base. The ongoing series of new growth companies provided the highly adaptive economic infrastructure required. The question we now face is how to re-kindle economic expansion and job creation. With the rise of China, India, and other countries, innovation is becoming more globalized than ever. It is hard to predict what the next big emerging industries will be, but in order. | Educat vOn ___Working Paper Series Number - 8 Funding Higher Education The Contribution of Economic Thinking to Debate and Policy Development by Maureen Woodhall December 2007 THE WORLD BANK Funding Higher Education The Contribution of Economic Thinking to Debate and Policy Development by Maureen Woodhall Maureen Woodhall Emeritus Reader in Education Finance at the Institute of Education at the University of London prepared this paper for presentation at the international conference Economics of Education Major Contributions and Future Directions in Dijon France June 20 to 23 2006. The conference was sponsored by the Institute for Research in the Sociology and Economics of Education IREDU and dedicated to the memory of Jean-Claude Eicher the organization s founder. The conference was supported in part by the World Bank s Education Group of the Human Development Network HDNED and the World Bank Institute WBI . The Education Working Paper Series is produced by the Education Unit at the World Bank HDNED . This series provides an avenue for World Bank staff to publish and disseminate preliminary education findings to encourage discussion and exchange ideas within the World Bank and among the broader development community. Papers in this series are not formal World Bank publications. The findings interpretations and conclusions expressed in these papers are entirely those of the authors and should not be attributed in any manner to the World Bank its affiliated organizations or to the members of its board of executive directors or the countries they represent. Copies of this publication may be obtained in hard copy through the Education Advisory Service eservice@ and electronically through the World Bank Education website education . Copyright The World Bank December 2007 Washington . - .