Higher education in Asian countries and the role of international ...
Higher education in Asian countries and the role of international ...
Higher education in Asian countries and the role of international ...
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210<br />
South <strong>Asian</strong> <strong>countries</strong> toge<strong>the</strong>r are <strong>the</strong> biggest client <strong>of</strong> <strong>the</strong> World Bank <strong>in</strong> Asia <strong>in</strong> terms <strong>of</strong> size<br />
<strong>of</strong> loans for <strong>education</strong> <strong>and</strong> for o<strong>the</strong>r sectors. The World Bank country data on aggregate lend<strong>in</strong>g<br />
show that <strong>the</strong> Bank <strong>in</strong>vested <strong>the</strong> highest amount ($9.5 billion <strong>in</strong> 43 projects) <strong>in</strong> Indian higher<br />
<strong>education</strong> while <strong>in</strong> terms <strong>of</strong> number <strong>of</strong> projects on higher <strong>education</strong> <strong>and</strong> share <strong>of</strong> <strong>education</strong> <strong>in</strong><br />
total loans for all fields Pakistan is on <strong>the</strong> top among South <strong>Asian</strong> <strong>countries</strong> with 46 projects for<br />
higher <strong>education</strong> <strong>and</strong> 23% <strong>of</strong> <strong>the</strong> total loans went <strong>education</strong> sector. Afghanistan, <strong>in</strong> 2002, started<br />
gett<strong>in</strong>g loans for higher <strong>education</strong> <strong>and</strong> more <strong>the</strong> 94% <strong>of</strong> <strong>the</strong> total fund<strong>in</strong>g for <strong>education</strong> sector is<br />
spent on <strong>education</strong>.<br />
The World Bank <strong>in</strong>vestment <strong>in</strong> <strong>the</strong> selected <strong>countries</strong> <strong>of</strong> South Asia<br />
Country Type All fields Education<br />
Afghanistan<br />
Bangladesh<br />
India<br />
Nepal<br />
Pakistan<br />
Sri Lanka<br />
<strong>Higher</strong><br />
<strong>education</strong><br />
Project<br />
Lend<strong>in</strong>g<br />
114<br />
2725.19<br />
12<br />
313.5<br />
5<br />
297.7<br />
Project 297 33 12<br />
Lend<strong>in</strong>g 19845.96 2931.34 755.6<br />
Project 650 43 13<br />
Lend<strong>in</strong>g 101063.3 9508.71 2048.1<br />
Project 125 21 6<br />
Lend<strong>in</strong>g 3506.65 670 80.2<br />
Project 327 46 11<br />
Lend<strong>in</strong>g 25631.78 5965.8 1065.1<br />
Project 148 10 8<br />
Lend<strong>in</strong>g 4869.03 450.7 340.7<br />
Source: Table is produced by <strong>the</strong> research, data from The World Bank 2011, Lend<strong>in</strong>g unit is <strong>in</strong> Million<br />
Table 21 The World Bank <strong>in</strong>vestment <strong>in</strong> <strong>the</strong> selected <strong>countries</strong> <strong>of</strong> South Asia<br />
Projects for <strong>Higher</strong> Education<br />
Active First Last<br />
4 Jun-02 Jun-10<br />
2 Mar-64 Mar-09<br />
0 Oct-72 Nov-02<br />
0 Feb-78 Mar-99<br />
1 Mar-64 Mar-11<br />
2 May-86 May-10<br />
If we look at <strong>the</strong> ratio between total project <strong>in</strong> all field <strong>and</strong> <strong>the</strong> projects <strong>in</strong> <strong>education</strong> sector for<br />
each country, Nepal has <strong>the</strong> highest ratio <strong>of</strong> projects (17%) <strong>in</strong> <strong>education</strong> followed by Pakistan,<br />
14%. Likewise Sri Lanka has <strong>the</strong> highest share <strong>of</strong> projects <strong>in</strong> higher <strong>education</strong> (80%) <strong>in</strong> total<br />
projects <strong>in</strong> <strong>education</strong>s sector among <strong>the</strong> <strong>countries</strong> <strong>of</strong> <strong>the</strong> region <strong>and</strong> <strong>the</strong>n it is followed by<br />
Afghanistan <strong>and</strong> Bangladesh with 41% <strong>and</strong> 36% respectively.<br />
The World Bank has its presence <strong>in</strong> South East Asia s<strong>in</strong>ce early years <strong>of</strong> its <strong>in</strong>ception. Among<br />
<strong>the</strong> six selected <strong>countries</strong> <strong>of</strong> this region, Indonesia is <strong>the</strong> biggest client <strong>of</strong> <strong>the</strong> Bank <strong>in</strong> terms <strong>of</strong><br />
size <strong>of</strong> <strong>the</strong> loans <strong>and</strong> number <strong>of</strong> projects <strong>in</strong> different sectors, <strong>and</strong> as well as <strong>in</strong> <strong>education</strong> sector:<br />
The Bank has given $45.5 billion loan for 464 projects that <strong>in</strong>clude $9.4billion for 83 projects <strong>in</strong>
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