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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Main Author: World Bank
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
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
id okr-10986-2448
recordtype oai_dc
spelling okr-10986-24482021-04-23T14:02:02Z Financing Higher Education in Africa World Bank BEHAVIORAL PSYCHOLOGY CONSUMER FINANCIAL MANAGEMENT EFFECTIVE EVALUATIONS INFLUENCE MASS MEDIA RESEARCH SOCIAL MARKETING 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. 2012-03-19T09:33:52Z 2012-03-19T09:33:52Z 2010 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 978-0-8213-8334-6 http://hdl.handle.net/10986/2448 English Directions in Development ; human development CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BEHAVIORAL PSYCHOLOGY
CONSUMER FINANCIAL MANAGEMENT
EFFECTIVE EVALUATIONS
INFLUENCE
MASS MEDIA
RESEARCH
SOCIAL MARKETING
spellingShingle BEHAVIORAL PSYCHOLOGY
CONSUMER FINANCIAL MANAGEMENT
EFFECTIVE EVALUATIONS
INFLUENCE
MASS MEDIA
RESEARCH
SOCIAL MARKETING
World Bank
Financing Higher Education in Africa
geographic_facet Africa
relation Directions in Development ; human development
description 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.
format Publications & Research :: Publication
author World Bank
author_facet World Bank
author_sort World Bank
title Financing Higher Education in Africa
title_short Financing Higher Education in Africa
title_full Financing Higher Education in Africa
title_fullStr Financing Higher Education in Africa
title_full_unstemmed Financing Higher Education in Africa
title_sort financing higher education in africa
publisher World Bank
publishDate 2012
url 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
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