ERI-Net, the network of research institutions in the education field comprising of eight countries in Asia and the Pacific and established by UNESCO in 2009, has carried out a detailed investigation regarding the impact of the global financial crisis on Higher Education in the area.
The results of the study showed that many countries of the region didn´t reduce the public finances to the sector. On the contrary, in the medium-long term, they have adopted, as a common strategy to overcome the crisis, a massive investment policy in Higher Education, also through incentive systems and firm support to public-private partnerships.
First published as Introduction of the volume The Impact of Economic Crisis on Higher Education, published by UNESCO Bangkok, Thailand. Reprinted with permission.