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

Differentiate between nominal and real exchange rate.  Nominal exchange rate is the rate which actually prevails in the foreign swap market. The real exchange rate is the rate

Marginal Utility and Indifference Curve - If the consumption of a product moves along an indifference curve, additional utility derived from the increase in consumption of sing

Define why prices is significant for economy Reason for using different weights is that some prices are more significant than others for economy. Price of gasoline, for instanc



Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Strengthening the Financial Instruments - rationale in era of globalisation: With this in view, following suggestions can be made: i) Finance must be conditioned on a poli

The Cost Minimizing Input Choice - Assumptions Two Inputs: Labor (L) & capital (K) Price of labor: wage rate (w) The capital price - R = depreciation ra

In the long-run equilibrium, each firm in a perfectly competitive industry will choose the plant size associated with minimum long-run average cost. Is this TRUE or FALSE? And why?