Financing Higher Education in Africa
This report demonstrated that the key for success in a globalized world lies increasingly in how effectively a country can assimilate the available knowledge and build comparative advantages in areas with good growth prospects and how it can use te...
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| Format: | Publication |
| Language: | English |
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World Bank
2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333037_20100511005406 http://hdl.handle.net/10986/2448 |
| Summary: | This report demonstrated that the key
for success in a globalized world lies increasingly in how
effectively a country can assimilate the available knowledge
and build comparative advantages in areas with good growth
prospects and how it can use technology to address the most
pressing environmental challenges. Higher-level institutions
in Sub-Saharan Africa that is equipped to impart quality
education and conduct relevant applied research can play a
critical role in producing workers with the skills to
assimilate technology and make effective decisions that help
industry to diversify into a broader range of products.
Good-quality and relevant higher education is also a key to
stimulating innovations in new varieties of crops, new
materials, or sources of energy that would facilitate
progress toward reducing poverty, achieving food security,
and improving health. This report is a follow-up to the 2008
study. It examines current practices in financing higher
education in Sub-Saharan Africa, taking into account the
significant differences that exist among countries. Drawing
on experience from around the world, the report also
examines the range of policy options that could be
considered in tackling the financing issue. The report also
carries an encouraging message. It shows that a full range
of options do exist and that some African countries and
institutions have started implementing them. Private higher
education is experiencing spectacular growth in Africa.
Cost-sharing programs are being implemented in many
universities, accompanied by student loans and financial aid
for low-income students. Higher education is being
diversified to offer lower cost and more effective delivery
alternatives. In a few cases, impressive reforms to improve
internal efficiency have been implemented, and governments
are increasingly adopting more effective budget management practices. |
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