Modern Trends in Public Funding of Higher Education

Public funding currently plays a key role in the stability and success of higher education systems in the world leading countries. As governments are often the main sources of funding for higher education, the effectiveness of public policies in allocating financial flows is a matter of concern. Thi...

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Main Authors: M. De Martino, G. F. Tkach, S. A. Kovalenko
Format: Article
Language:English
Published: Moscow Polytechnic University 2020-03-01
Series:Высшее образование в России
Subjects:
Online Access:https://vovr.elpub.ru/jour/article/view/2148
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author M. De Martino
G. F. Tkach
S. A. Kovalenko
author_facet M. De Martino
G. F. Tkach
S. A. Kovalenko
author_sort M. De Martino
collection DOAJ
description Public funding currently plays a key role in the stability and success of higher education systems in the world leading countries. As governments are often the main sources of funding for higher education, the effectiveness of public policies in allocating financial flows is a matter of concern. This paper discusses the main mechanisms of financing higher education systems and analyzes the structures and features of these mechanisms using the examples of the largest countries of Western Europe and Asia – Germany, Spain, Italy, France, and China.Materials and methods. In order to identify current trends in public funding of higher education, the authors used two main groups of materials, which can be conditionally divided into official regulatory documents and statistical (analytical) reviews. Systemic-structural and statistical data analysis methods were applied in the research.Results. The study of trends in public funding of higher education revealed their great diversity not only in terms of the share in the overall structure of university income, but also in the mechanisms of distribution of financial flows. Nevertheless, this study presents the main groups of these mechanisms, structured according to the methods of their implementation.Discussion and Conclusion. In the course of the study, the authors concluded that the existing diversity of the world’s higher education financing systems is primarily due to the sustainability of traditions that have developed in national education systems, and the lack of international initiatives aimed at unifying the mechanisms of education financing, as was done earlier on the structure, levels and qualifications in the implementation of the bologna Process. In addition, the constantly changing financial situation in the world encourages states to look for alternative sources of support for higher education, which leads to the creation of new independent financing mechanisms.
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spelling doaj-art-9f929a79fff04037acda8673e9ac73482025-02-01T13:14:27ZengMoscow Polytechnic UniversityВысшее образование в России0869-36172072-04592020-03-0129313615210.31992/0869-3617-2020-29-3-136-1521577Modern Trends in Public Funding of Higher EducationM. De Martino0G. F. Tkach1S. A. Kovalenko2People’s Friendship University of Russia (RUDN University)People’s Friendship University of Russia (RUDN University)People’s Friendship University of Russia (RUDN University)Public funding currently plays a key role in the stability and success of higher education systems in the world leading countries. As governments are often the main sources of funding for higher education, the effectiveness of public policies in allocating financial flows is a matter of concern. This paper discusses the main mechanisms of financing higher education systems and analyzes the structures and features of these mechanisms using the examples of the largest countries of Western Europe and Asia – Germany, Spain, Italy, France, and China.Materials and methods. In order to identify current trends in public funding of higher education, the authors used two main groups of materials, which can be conditionally divided into official regulatory documents and statistical (analytical) reviews. Systemic-structural and statistical data analysis methods were applied in the research.Results. The study of trends in public funding of higher education revealed their great diversity not only in terms of the share in the overall structure of university income, but also in the mechanisms of distribution of financial flows. Nevertheless, this study presents the main groups of these mechanisms, structured according to the methods of their implementation.Discussion and Conclusion. In the course of the study, the authors concluded that the existing diversity of the world’s higher education financing systems is primarily due to the sustainability of traditions that have developed in national education systems, and the lack of international initiatives aimed at unifying the mechanisms of education financing, as was done earlier on the structure, levels and qualifications in the implementation of the bologna Process. In addition, the constantly changing financial situation in the world encourages states to look for alternative sources of support for higher education, which leads to the creation of new independent financing mechanisms.https://vovr.elpub.ru/jour/article/view/2148higher education fundingfunding mechanismspublic policypublic fundingeducation systemfunding formulaperformance-based funding
spellingShingle M. De Martino
G. F. Tkach
S. A. Kovalenko
Modern Trends in Public Funding of Higher Education
Высшее образование в России
higher education funding
funding mechanisms
public policy
public funding
education system
funding formula
performance-based funding
title Modern Trends in Public Funding of Higher Education
title_full Modern Trends in Public Funding of Higher Education
title_fullStr Modern Trends in Public Funding of Higher Education
title_full_unstemmed Modern Trends in Public Funding of Higher Education
title_short Modern Trends in Public Funding of Higher Education
title_sort modern trends in public funding of higher education
topic higher education funding
funding mechanisms
public policy
public funding
education system
funding formula
performance-based funding
url https://vovr.elpub.ru/jour/article/view/2148
work_keys_str_mv AT mdemartino moderntrendsinpublicfundingofhighereducation
AT gftkach moderntrendsinpublicfundingofhighereducation
AT sakovalenko moderntrendsinpublicfundingofhighereducation