This paper is a theoretical introduction to modern governance of universities in developing countries. Indeed, adopting the approach of the paradigm of the theory of incentives Laffont and Tirole (1993), this paper discusses the effects of the presence of information asymmetry between the State...

“We risk having a generation that hasn’t held a job. Personal dignity comes from working [...] Young people are in a crisis". Pope Francis - July the 22nd, 2013. Youth unemployment is a critical issue across the European Union with 5.5 million people unemployed among the 18-24 years age...

In the Széll Kálmán Plan the government committed itself to transform the higher education system; this change is necessary and actual. Reduction of neither the state-controlled higher education institutions, nor the number of students participating in higher education is justified: in an...

The present background paper reviews the progress of education including K12, vocational and higher education, skill development and literacy particularly during the last two decades in Andhra Pradesh and an attempt is made to identify gaps. It is observed that pre-primary education in the...

The ratio of skilled-to-unskilled labour stocks in the economy is widely acknowledged to have an important role for development. Can education policy affect the evolution of this ratio? This paper shows that it can: it also shows that the effect of education policy, for a given budget size,...

The essay makes an attempt to trace the influences that external political and socioeconomic factors like World Wars I, II and Great Depression had on higher education in the U.S. Higher education - autonomous and self – contained system - proved to be one of the center points of main societal...

The imported models of technical and vocational education, which were developed in a context of economic growth, proved incapable of supplying skilled labour that met the highly varied requirements of Eritrean production systems. The TVET policies followed by the independent Eritrea are aimed at...

The economic success of the state of Texas is dependent upon future market participants having access to higher education. The ability of Texas citizens to access higher education is dependent upon access to financial aid resources to pay for higher education. Much is known about the impact of...

This paper presents education finance trends for Bangladesh since 2000. It shows that while government spending on education as a proportion of national income has stagnated, it has increased in real terms. Real increases in education spending have resulted in substantial increases in per...

The ongoing national reconstruction process of Eritrea is centered on educational reformation. The government of Eritrea placed educational policy on top priority for national development which demands the emergence of new class of trained youth blended with disciplined minds and skills instead...