Impact of economic crisis on higher education in Malaysia
Malaysia has consistently demonstrated spectacular growth during the past four decades. The development policies followed by the country ensured growth with social justice: reducing the gap between rich and poor and building up human capital with high investment in the social and education secto...
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| Format: | Book Chapter |
| Language: | English |
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International Institute of Educational Planning/UNESCO
2001
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| Online Access: | http://irep.iium.edu.my/25128/ http://irep.iium.edu.my/25128/ http://irep.iium.edu.my/25128/1/IMPACT_OF_THE_ECONOMIC_CRISIS_ON_HIGHER.pdf |
| Summary: | Malaysia has consistently demonstrated spectacular growth during
the past four decades. The development policies followed by the
country ensured growth with social justice: reducing the gap
between rich and poor and building up human capital with high
investment in the social and education sectors. Economic and social
policies of the government were developed against the backdrop of
political stability, high rate of employment, social peace, and high
household savings. In order to infuse efficiency and increase
productivity, economic policies of the country favoured privatization
and reduction in public expenditure as a share of GDP. |
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