Public Investment Management of Higher Education in Vietnam : Current Issues and Policy Recommendations
DOI:
https://doi.org/10.12775/JCRL.2018.022Słowa kluczowe
higher education, public investment, public investment management, higher education fundingAbstrakt
Purpose: The aim of the paper is to provide a comprehensive insight on public investment management practices in higher education and experiences of developed countries, to analyse the current approaches to public investment management in Vietnam and to propose applicable
policy recommendations.
Design/methodology/approach: Case study based on literature of public investment in higher education and analysis of legal documents, reports and data regarding Vietnam’s current practices in the field.
Findings: Public investment management practices of Vietnam still follow the traditional approach, which has shown various weaknesses and drawbacks in terms of efficiency, lack of unification, and incapability of higher education institutions to seek for autonomy and alternative operational resources.
Research and practical limitations/implications: Lack of quantitative data and survey tools to enhance the practical implementation of the study.
Originality/value: This paper can become a reference resource for policy makers in terms of promoting reforms in the public investment system for higher education in the future.
Paper type: Case study.
Bibliografia
CIEM (2016), The Role of the State in National Investment, Background Paper on the Role of the State in Viet Nam’s Economic Development.
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Jongbloed, B.W.A, Vossensteyn, J.J. (2002), Financiering Masters: Argumenten en Arrangementen, Center for Higher Education Policy Studies, Enschede, The Netherlands.
Lavado, R., Domingo, G. (2015), Public Service Spending: Efficiency and Distributional Impact – Lessons from Asia, ADB Economics Working Paper Series, Asian Development Bank, Mandaluyong City.
Le, T., Nguyen, T., Nguyen, V., Hoang, B., Vu, M. (2017), Public Investment in Higher Education – International Experiences and Lessons for Vietnam, Foreign Trade University.
Ministry of Planning and Investment (2016), Investigation and Assessment of Current Situation and Study and Proposed Reform of Investment Mechanism for Vocational Education and Training, Project Report, Department of Science, Education, Natural Resources and Environment, Ministry of Planning and Investment, Hanoi, Vietnam.
Salerno, C.S. (2004), “Public Money and Private Providers: Funding Channels and National Patterns in Four Countries”, Higher Education, Vol. 48, Issue 1,
pp. 101–130.
Tilak, J.B.G. (2004), “Higher Education Between the State and the Market”, UNSESCO, Forum Colloquium on Research and Higher Education Policy, 1–3 December.
Tilak, J.B.G. (2006), “Higher Education Between the State and the Market”, in: Neave, G. (Ed.), Knowledge, Power and Dissent: Critical Perspectives on Higher Education and Research in Knowledge Society, UNSESCO, Paris, pp. 235–254.
United Nations (2009), The Role of Public Investment in Social and Economic Development: Public Investment: Vital for Growth and Renewal, but Should it be a Countercyclical Weapon?, New York and Geneva.
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