The concept of public goods, the state, and higher education finance: a view from the BRICs

Carnoy Martin; Froumin Isak; Loyalka Prashant K.; Tilak Jandhyala B. G.

doi:10.1007/s10734-014-9717-1

Publications

Article

The concept of public goods, the state, and higher education finance: a view from the BRICs

Higher Education. 2014. Vol. 68. No. 3, Published online: 25 February 2014. P. 359-378.

Carnoy M., Froumin I., Loyalka P. K., Tilak J. B.

Because higher education serves both public and private interests, the way it is conceived and “nanced is contested politically, appearing in different forms in different societies. What is public and private in education is a political…social construct, subject to various political forces, primarily interpreted through the prism of the state. Mediated through the state, this construct can change over time as the economic and social context of higher education changes. In this paper, we analyze through the stateђs “nancing of higher education how it changes as a public/private good and the forces that impinge on states to in”uence such changes. To illustrate our arguments, we discuss trends in higher education “nancing in the BRIC countries„Brazil, Russia, India, and China. We show that in addition to increased privatization of higher education “nancing, BRIC states are increasingly differentiating the “nancing of elite and non-elite institutions.

Research target: Education Economics and Management (including Public Administration)

Priority areas: economics

Language: English

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DOI

Keywords: Affirmative action Cost differentiation externalities State legitimacy

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