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Higher education in Asian countries and the role of international ...

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F<strong>in</strong>ance reforms<br />

Governance <strong>and</strong> management reforms<br />

Quality improvement<br />

Institutional diversification<br />

Science <strong>and</strong> technology development<br />

204<br />

Science <strong>and</strong> technology play an important <strong>role</strong> <strong>in</strong> <strong>the</strong> economic development <strong>of</strong> a society <strong>and</strong> it<br />

give a passage to any nation to <strong>in</strong>tegrate <strong>in</strong>to <strong>and</strong> to benefit from <strong>in</strong>ternational community. The<br />

Bank provides support <strong>in</strong> <strong>the</strong> strategy development; capacity enhancement for monitor<strong>in</strong>g <strong>and</strong><br />

evaluation; reform <strong>of</strong> resource management; essential level <strong>of</strong> fund<strong>in</strong>g; research <strong>and</strong> technology<br />

development; <strong>and</strong> quality assurance. The Bank plays its <strong>role</strong> <strong>in</strong> <strong>the</strong> quality improvement at higher<br />

<strong>education</strong> level through provid<strong>in</strong>g assistance <strong>in</strong> streng<strong>the</strong>n<strong>in</strong>g <strong>of</strong> exist<strong>in</strong>g programs; evaluation<br />

<strong>and</strong> accreditation systems; <strong>in</strong>novations <strong>in</strong> content <strong>and</strong> delivery method; effective academic<br />

organization; efficient <strong>in</strong>formation <strong>and</strong> communication <strong>in</strong>frastructure (The World Bank, 2002).<br />

5.3.8.1.2 Capacity build<strong>in</strong>g measures through scholarships<br />

Scholarships <strong>and</strong> fellowships enable <strong>the</strong> eligible persons, <strong>in</strong> <strong>the</strong> less developed <strong>countries</strong>, to<br />

learn, to develop capacity <strong>and</strong> to benefit from those who have excelled <strong>in</strong> research <strong>and</strong><br />

knowledge. The World Bank <strong>in</strong>stitute (WBI) is work<strong>in</strong>g with <strong>the</strong> member <strong>countries</strong> <strong>and</strong><br />

<strong>in</strong>stitutions to facilitate <strong>the</strong> students for higher <strong>education</strong>. The World Bank <strong>in</strong> 1992 started<br />

number <strong>of</strong> Partnership programs with member <strong>countries</strong> <strong>and</strong> <strong>in</strong>stitutions to provide learn<strong>in</strong>g<br />

opportunities to <strong>the</strong> young people from <strong>the</strong> less developed <strong>countries</strong>. The ma<strong>in</strong> objective <strong>of</strong> this<br />

program is to prepare capacity <strong>of</strong> <strong>the</strong> participants <strong>in</strong> effective policy design<strong>in</strong>g <strong>and</strong> reforms <strong>in</strong><br />

<strong>the</strong>ir respective <strong>countries</strong>.<br />

5.3.8.1.2.1 The World Bank Graduate Scholarship Program (JJ/WBGSP)<br />

This program focuses on <strong>the</strong> build<strong>in</strong>g <strong>of</strong> skills <strong>and</strong> impart<strong>in</strong>g competencies that enable <strong>the</strong><br />

participant to work for <strong>the</strong> socio-economic development. The scholarships/ fellowships awarded<br />

under this program act as a vehicle <strong>of</strong> change. This program provides an opportunity to pursue<br />

graduate studies at world renowned universities. This scholarship focus all those field <strong>of</strong><br />

<strong>education</strong> that are related to <strong>the</strong> economic development.<br />

The World Bank with <strong>the</strong> cooperation <strong>of</strong> <strong>the</strong> government <strong>of</strong> Japan launched <strong>the</strong> Jo<strong>in</strong>t Japan/<br />

World Bank Graduate Scholarship Program (JJ/WBGSP) <strong>in</strong> 1987 to provide scholarships for

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