Improving the Mechanisms of Financing Higher Education Institutions with Foreign Capital
Keywords:
Higher education, foreign investment, financing mechanism, public-private partnership, grant, loan, academic cooperation.Abstract
This article discusses the role, advantages and existing problems of financing with foreign capital in the modernization of the higher education system of Uzbekistan. Based on world experience, mechanisms for attracting foreign investment are analyzed. Also, recommendations are developed to expand the use of foreign financial resources in the higher education system of Uzbekistan. The article is written on the basis of scientific research methods and is based on statistical data, legislative documents and international experience.
References
Altbach, P. G., & Knight, J. (2007). The internationalization of higher education: Motivations and realities. Journal of Studies in International Education, 11(3-4), 290–305. https://doi.org/10.1177/1028315307303542
Egamberdiyev, S. (2022). Oliy taʼlim muassasalarining moliyaviy mustaqilligini oshirish: muammolar va yechimlar. Iqtisodiyot va Ta'lim, 3(2), 45–52.
Johnstone, D. B. (2004). The economics and politics of cost sharing in higher education: Comparative perspectives. Economics of Education Review, 23(4), 403–410. https://doi.org/10.1016/j.econedurev.2003.09.004
Karimova, J. (2023). Erasmus+ dasturi doirasida akademik mobillikning O‘zbekiston OTMlarida rivojlanish istiqbollari. Yosh Olimlar Jurnali, 8(1), 65–70.
Melnik, I. (2017). Donor grantlaridan samarali foydalanish: monitoring va nazorat tizimining ahamiyati. Ukrainian Educational Journal, 3(15), 33–38.
Psacharopoulos, G., & Patrinos, H. A. (2018). Returns to investment in education: A decennial review of the global literature. The World Bank Policy Research Working Paper, No. 8402. https://doi.org/10.1596/1813-9450-8402
Romanenko, Y. (2016). Public-private partnerships in higher education in Russia: Development trends and challenges. Higher Education in Russia, 25(4), 77–85.
To‘raqulov, R. (2021). Xalqaro grantlar asosida loyihalarni boshqarish tizimini takomillashtirish. Innovatsion Rivojlanish, 4(2), 51–58.
UNESCO. (2020). Global education monitoring report 2020: Inclusion and education – All means all. UNESCO Publishing. https://unesdoc.unesco.org/ark:/48223/pf0000373718
World Bank. (2021). Higher education for development: An evaluation of the World Bank Group's support. Independent Evaluation Group. https://ieg.worldbankgroup.org/evaluations/higher-education
