Socio-economic aspects and contemporary theories of higher education finance

Socio-economic aspects and contemporary theories of higher education finance

Authors

  • Karlibaeva Gulshat

DOI:

https://doi.org/10.5281/zenodo.15870445

Keywords:

higher education, funding, socio-economic implications, fiscal sustainability, independence, diversity, publicprivate collaboration

Abstract

This essay examines the socio-economic aspects and contemporary conceptual frameworks of higher
education financing. Key trends, including financial autonomy, diversification, public-private partnerships, and demanddriven
finance, are examined within the framework of global and local changes. The study contends that supporting higher
education transcends administrative or budgetary functions, serving as a strategic tool for fostering social cohesion,
innovation, and economic competitiveness

Author Biography

Karlibaeva Gulshat

PhD
Tashkent State University of Economics, Uzbekistan


References

Decree of the President of the Republic of Uzbekistan, "On approval of the Concept for the development of the higher

education system of the Republic of Uzbekistan until 2030", 08.10.2019. № DP-5847

University autonomy in Europe// The EUA Scorecard. European University Association, 2022

Education Finance Watch 2024. World Bank Group. October 2024

World Bank. (2022). Financing Higher Education in Emerging Economies: Challenges and Innovations. Washington,

DC: World Bank Group.

Reimagining our futures together: a new social contract for education. International Commission on the Futures of

Education, UNESCO 2022

N.H.Jumaev, D.Rakhmonov // Improving Funding for Higher Education Institutions in Uzbekistan.Education in Central

Asia, September 2020, pp.93-107

D. Bruce Johnstone. The economics and politics of cost sharing in higher education: Comparative perspectives //

February 2004, pp.403-410

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Published

2025-07-01

How to Cite

Karlibaeva , G. (2025). Socio-economic aspects and contemporary theories of higher education finance. GREEN ECONOMY AND DEVELOPMENT, 3(7). https://doi.org/10.5281/zenodo.15870445
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