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TABLE OF CONTENTS
FOREWORD
TERTIARY EDUCATION AS A GLOBAL POLICY CONCERN
MASSIFICATION AND PRIVATIZATION
FUTURE CHALLENGES
INTRODUCTION
NOTES
CHAPTER 1: THE CHANGING CONTEXT: New Challenges, New Opportunities
INTRODUCTION: KNOWLEDGE AND INNOVATION AS DRIVERS OF ECONOMIC AND SOCIAL DEVELOPMENT
CHANGING LABOR MARKETS IN THE DIGITAL ERA
THE EVOLVING TERTIARY EDUCATION ECOSYSTEM
New Forms of Accountability
Globalization
New Providers and New Education Technologies
CONCLUSION: CHALLENGES AND OPPORTUNITIES
NOTES

CHAPTER 2: THE CONTRIBUTION OF TERTIARY EDUCATION: Theory vs. RealityROLE AND BENEFITS OF TERTIARY EDUCATION
THE REALITY OF TERTIARY EDUCATION IN DEVELOPING COUNTRIES: LONG-STANDING AND NEW CHALLENGES
Unequal Performance
The Determinants of Performance
NOTES
CHAPTER 3: DESIGNING AND IMPLEMENTING SYSTEM-WIDE REFORMS
IGNITION PHASE
ELABORATION OF A VISION FOR THE FUTURE OF THE TERTIARY EDUCATION SYSTEM
FORMULATION OF A SET OF STRATEGIC MEASURES
Increasing Access and Equity
Improving Quality and Relevance

Strengthening the Research SystemLAUNCH OF THE REFORM
ENSURING THE SUSTAINABILITY OF THE REFORM
NOTES
CHAPTER 4: ENSURING FINANCIAL SUSTAINABILITY: What is at Stake?
ELEMENTS OF A SUSTAINABLE FINANCING STRATEGY
STRATEGIC DECISIONS INFLUENCING FINANCING REQUIREMENTS
Development of the Non-University Sub-Sector
Distance Education Institutions and Virtual Education
Development of the Private Sector
Removing Systemic Barriers and Achieving Synergies
RESOURCE MOBILIZATION OPTIONS
Increasing Public Resources

Cost Sharing and Student AidIncome Generation
Innovative Models: Social Innovation and Tertiary Education Funding
RESOURCE ALLOCATION MECHANISMS
Formula Funding
Performance Contracts
Competitive Funds
Vouchers
CONCLUSION
NOTES
CHAPTER 5: ROLE OF THE DONORS
WHAT WORKS: LESSONS OF EXPERIENCE FROM DONOR INTERVENTIONS
Holistic Project Design
Incentives
Sustainability
ROADMAP FOR DONOR SUPPORT IN TERTIARY EDUCATION
The Role of Donor Agencies
NOTES
CONCLUSION: The Reform Imperative
REFERENCES

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