here the outlines of a significant attempt at supply-side reform – one pitched at challenging post-92 universities where provision is mainly ‘classroom’ subjects in the arts, humanities and social sciences.
‘Private equity’s undisclosed business model is value capture through financial engineering focused on the enrichment of a managerial elite, with mass investors mainly involved in providing the cheap debt which makes the whole thing possible.’ Julie Froud and Karel Williams, Private Equity and the Culture of Value Extraction, New Political Economy, 2007
Higher education institutions are expected to provide education and training relevant to labour market demands, conduct research activities that will build a knowledge-based economy, as well as contribute to social cohesion, regional development and global well-being. They must also strive constantly to fulfil their multiple missions, improve the quality of the education provided, increase their efficiency and demonstrate their contribution to society. The 2012 Conference will focus on the challenges of attaining and sustaining mass higher education, in an increasingly competitive and international context.