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
In the following article , I want you to comment on the type of market structure and whether Kinked Demand apply and what will possibly be the market share for GM and VW? ""In case

Economic Reforms and Industrial Growth Economic reforms were mainly intended to remove obstacles so that investment in industry may be accelerated. With this end in view, indu

The circular flow diagram is used to represent the interdependence that exists between sectors of the economy.  The diagram illustrates that there are various collections of same e

what is mrs

Current Daily Status(CDS): The reference periods (i.e. a year, a week and a day) are basically used to describe the period for which the workers are employed in the economy. T

How to use Demand and Supply tools to analyze the case of the Egyptian labor market?

a consumer consumes only two goods x and y is in eqillibrium price of x falls explain the reaction of consumer through utility analysis

Determine the Profit-Maximizing Price If a firm targets a 25 % rate of return on sales, and has unit costs of production of $100, what price should it charge if it uses cost-p

The distinction between supply and the quantity supplied is best made by saying that

Find the best response functions and the mixed strategies Nash Equilibrium if each player randomizes over his actions.