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The political economy of public support for higher education : studies in Chile, France and Malaysia

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EDT30. The World Bank, (June 1986)

Abstract

Both theoretically and in empirical applications to three countries (Chile, France and Malaysia), this study addresses distributive and investment issues in public subsidization of higher education. First, using alternative criteria to characterize users' and payers' populations, we challenge conventional short-term methods of assessing the incidence of subsidies and subsidy-tax balances in the perspective of families of origin. With a shift of focus from a family-of-origin distributive perspective to an investment perspective, private social (societal) and fiscal benefit-cost relationships are compared and contrasted. Particular attention is given to the specification and application of an analytical framework for estimation of fiscal rates of return to public investments in higher education. Each of the countries studied expresses support of such broadly stated values as

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