Policy measures for private sector investment, Microeconomics

Policy Measures for Private Sector Investment

Policy measures aimed at reforming education financing was made with two major propositions, viz.

(i) Improving the efficiency in the functioning of public institutions on the one hand, and

(ii) Mobilising resources from the non-governmental sources on the other.

The first proposition seeks to improve the efficiency in resource use with the objective of increasing education sector’s output without employing additional resources. Measures like changing the staff-student ratio, increasing the teaching workload, etc. are adopted to achieve this. The second proposition aims at diversifying the sources of funding by developing alternative arrangements to meet the costs of providing the education. The trend in achieving this is to shift the burden of cost from the public to the private and household domains.

Consequent to the adoption of structural adjustment programmes, the reforms suggested by international funding agencies (World Bank, 1994) particularly for developing countries include:

(i) Encouraging greater differentiation of institutions of higher education including development of private institutions

(ii) Cost-recovery mechanisms including cost-sharing with students

(iii) Redefining the role of the government by evolving a policy framework to make the sector more market friendly and public institutions more autonomous

(iv) Prioritising investments towards quality improvement.

Posted Date: 12/17/2012 6:32:26 AM | Location : United States







Related Discussions:- Policy measures for private sector investment, Assignment Help, Ask Question on Policy measures for private sector investment, Get Answer, Expert's Help, Policy measures for private sector investment Discussions

Write discussion on Policy measures for private sector investment
Your posts are moderated
Related Questions
suppose you have a coffee shop. list of fixed input and variable input for operating the shop

Equilibrium Exchange Rate: The theory of exchange rate determination explains how demand and supply of foreignexchange interact and jointly determine the equilibrium exchange

What types of external economies generates the output which reduces the costs of the firms in it? The chief example of external economies provided by marshal are (i) improved

Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commodi

The idea for the national accounts came during the 1930s depression in the U.S., when decision-makers wanted to get a better sense of by how much economic production had fallen. Si

Suppose that doctors shift away from a fee-per-visit system and are instead paid set annual salaries. What effect will this have on the supply and demand situation for the health

describe engineering cost theory in detail

Traditional inventory control based on the calculation of EOQ   At this point, it is worth considering some of the problems faced by companies using the simple inventory model

(a) Differentiate between a  command economic system and a laissez-faire. (b) Assess to what extent it is advantageous for an economy when it moves from a controlled to a free-e

how microeconomic issues maybe represented using production posibility curve