The Impact of the Financial Crisis on Education
Education and Academic Cooperation
THE IMPACT OF THE FINANCIAL CRISIS TO HIGHER EDUCATION
The 1st Asia-Europe Education Workshop 25 – 26 March 2010 Manila, the Philippines
In partnership with:
1
Asia-Europe Education Report
1st Asia-Europe Education Workshop: The Impact of the Financial Crisis to Higher Education Makati City, Philippines, 25-26 March 2010
Co-organised by the Asia-Europe Foundation’s ASEM Education Hub (AEH) and the Asian Institute of Management (AIM)
© Asia-Europe Foundation, 2010 The views expressed herein are in no way taken to reflect the official opinion or position of the Asia-Europe Foundation or ASEF’s partner organisations. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical including photocopying, recording or any information storage or retrieval system, without the prior written permission of the copyright holder. Please direct all enquiries to the publisher:
Asia-Europe Foundation (ASEF) 31 Heng Mui Keng Terrace Singapore 119595 T: +65 6874 9700 F: +65 6872 1135 www.asef.org
ISBN 978-981-08-7089-8 2
Chripa Schneller and Sean Golden (eds.) 3
Table of Contents
Foreword About the Asia-Europe Education Workshops I. Introductory Paper II. Workshop Summary III. Recommendations IV. Annexes Programme List of Participants Workshop Presentations and Papers (on CD for print version) About the Authors About the Asia-Europe Foundation (ASEF) About the ASEM Education Hub (AEH) Acknowledgements
6 7 8 25 43 46 46 52 54
56 57
59
4
5
Foreword
It is worth mentioning that higher education has played an important role in facilitating the process of globalisation, particularly in the integration of developing and emerging economies to the global production networks. The more recent global financial crisis has not stopped this process. Rather, it has hit all economies – still struggling to recover – to varying degrees,
THE IMPACT OF THE FINANCIAL CRISIS TO HIGHER EDUCATION
The 1st Asia-Europe Education Workshop 25 – 26 March 2010 Manila, the Philippines
In partnership with:
1
Asia-Europe Education Report
1st Asia-Europe Education Workshop: The Impact of the Financial Crisis to Higher Education Makati City, Philippines, 25-26 March 2010
Co-organised by the Asia-Europe Foundation’s ASEM Education Hub (AEH) and the Asian Institute of Management (AIM)
© Asia-Europe Foundation, 2010 The views expressed herein are in no way taken to reflect the official opinion or position of the Asia-Europe Foundation or ASEF’s partner organisations. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical including photocopying, recording or any information storage or retrieval system, without the prior written permission of the copyright holder. Please direct all enquiries to the publisher:
Asia-Europe Foundation (ASEF) 31 Heng Mui Keng Terrace Singapore 119595 T: +65 6874 9700 F: +65 6872 1135 www.asef.org
ISBN 978-981-08-7089-8 2
Chripa Schneller and Sean Golden (eds.) 3
Table of Contents
Foreword About the Asia-Europe Education Workshops I. Introductory Paper II. Workshop Summary III. Recommendations IV. Annexes Programme List of Participants Workshop Presentations and Papers (on CD for print version) About the Authors About the Asia-Europe Foundation (ASEF) About the ASEM Education Hub (AEH) Acknowledgements
6 7 8 25 43 46 46 52 54
56 57
59
4
5
Foreword
It is worth mentioning that higher education has played an important role in facilitating the process of globalisation, particularly in the integration of developing and emerging economies to the global production networks. The more recent global financial crisis has not stopped this process. Rather, it has hit all economies – still struggling to recover – to varying degrees,