Investments of donors to higher education and universities in Africa have remained very limited until the beginning of the 21st Century. It can be very much
explained by the narrow view of universities in society. The traditional human capital analysis is based on the assumption that the economic benefits of education can be measured by the increase of lifetime incomes of graduates, i.e. higher salaries and degreased unemployment. Furthermore, the human capital approach, by omitting the externalities higher education and universities have for society leaded to underinvestment to higher education and research by the donors. The exclusion of externalities also lead to policies in which donors and African governments prioritized primary and secondary levels in funding. (Salmi et al. 2014)
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Posté Le : 18/04/2023
Posté par : einstein
Ecrit par : - Höltta Seppo
Source : REVUE ALGERIENNE DE FINANCES PUBLIQUES Volume 4, Numéro 1, Pages 176-188 2014-12-10