The Concept of Public Goods, the State, and Higher Education Finance: A View from the BRICs

39 Pages Posted: 4 Jul 2013

See all articles by Martin Carnoy

Martin Carnoy

Stanford University; National Research University Higher School of Economics

Isak Froumin

National Research University Higher School of Economics

Prashant Kumar Loyalka

Stanford University - Freeman Spogli Institute for International Studies

Jandhyala Tilak

National University of Educational Planning and Administration (NUEPA)

Date Written: June 1, 2013

Abstract

Because higher education serves both public and private interests, the way it is conceived and financed is contested politically, appearing in different forms in different societies. What is public and private in education is a political-social construct, subject to various political forces, primarily interpreted through the prism of the state. Mediated through the state, this construct can change over time as the economic and social context of higher education changes. In this paper, we analyze through the state’s financing of higher education how it changes as a public/private good and the forces that impinge on states to influence such changes. To illustrate our arguments, we discuss trends in higher education financing in the BRIC countries — Brazil, Russia, India, and China. We show that in addition to increased privatization of higher education financing, BRIC states are increasingly differentiating the financing of elite and non-elite institutions.

JEL Classification: I2

Suggested Citation

Carnoy, Martin and Froumin, Isak and Loyalka, Prashant and Tilak, Jandhyala, The Concept of Public Goods, the State, and Higher Education Finance: A View from the BRICs (June 1, 2013). Available at SSRN: https://ssrn.com/abstract=2289126 or http://dx.doi.org/10.2139/ssrn.2289126

Martin Carnoy (Contact Author)

Stanford University ( email )

Stanford, CA 94305
United States
650-725-1254 (Phone)

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Isak Froumin

National Research University Higher School of Economics ( email )

Myasnitskaya street, 20
Moscow, Moscow 119017
Russia

Prashant Loyalka

Stanford University - Freeman Spogli Institute for International Studies ( email )

Stanford, CA 94305
United States

Jandhyala Tilak

National University of Educational Planning and Administration (NUEPA) ( email )

17-B Sri Aurobindo Marg
New Delhi, 11 00 16
India

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