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States,Markets and University Funding: New paradigms for the reform of higher education in Europe
Authors:Hans N  Weiler
Institution:Stanford , USA
Abstract:The construct of the market is an interesting new element in the discourse on higher education in Europe. It has generated serious initiatives in deregulating higher education, in developing performance-based models of resource allocation, in fostering inter-institutional competition and efficient management structures, and even in considering the 'privatisation' of higher education. These developments affect particularly the financing of higher education, where new models of resource generation and allocation, institutional steering and controlling, and accountability are being explored. Within this context, and with a view towards the future of higher education in Europe, four issues are being examined in more detail: formula funding, the mobilisation of external resources, the introduction of tuition fees, and the creation of private institutions of higher education.
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