Policy orientation for private sector investment, Microeconomics

Policy Orientation for Private Sector Investment

The policy perspective in the matter of funding is undergoing a steady transformation aimed at according an increasing role to the private sector. The emphasis in this respect is varied between the different stages of education. It is pointed out that the positive or the beneficial impact of education is not restricted to the individual but spills over to the entire community and the society at large. For this reason, education is generally regarded as a public good and policies of even developed countries favour keeping the sector under the public domain.

However, in the changing circumstances of fiscal constraints owing to adoption of economic reforms, there is a move to keep only the elementary education under the public sector’s (i.e. solely the government’s) domain and progressively increase the role of the private sector’s involvement in meeting the funding needs of the secondary sector and beyond.

The higher education sector, in particular, was proposed to be treated as a non-merit good in which phased increases in cost-recovery (to bring it to a level of 50 per cent of the cost) was proposed to be levied. By this measure, the burden of financing higher education was to be shifted gradually to the private corporate sector and the private individuals of the household sector. This policy initiative was a sequel to the choice of such policy courses expressed by national policy documents/bodies on education [e.g. the national policy on education (NPE; 1986, 1992) and the UGC] with the objective of reducing the role of the government in the higher education sector.

Posted Date: 12/17/2012 6:29:40 AM | Location : United States







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

Write discussion on Policy orientation for private sector investment
Your posts are moderated
Related Questions
Production with Two Variable Inputs *  There is relationship between productivity and production. *  Long run production K& L are variable. *  Isoquants analyze and compa

If the Bank of England wanted to discourage investment spending and reduce aggregate demand, it could?

Profit maximization is theoretically the most sound but practically unattainable objective of business firms. In the light of this statement critically appraise the Baumol’s sales

A surplus on the current account of balance of payments can be financed by? 1. Inflow capital on capital account 2. A surplus on the government budget deficit 3. lending abroad on

Assume the banking system contains: Total Reserves                         $ 80 billion Transactions Deposited          $800 billion Cash held by public                 $1

what is histogram?

demand for two market are P1=15-Q1&P2=25-Q2.the monopoly TC is C=5+3(Q1+Q2).What are ,output,profit&MR if the monopolist can price disc? riminate

write name and symbol of element from s-block that has zero oxidation state?

Problem 1: (a) Explain the meaning of inflation. (b) "Inflation is always and everywhere a monetary phenomenon." Discuss this statement. (c) Briefly explain the link betw

Identify path of growth and development to economic maturity.