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Full-Text Articles in Economics
Don't Blame Faculty For High Tuition: The Annual Report On The Economic Status Of The Profession, 2003-04, Ronald Ehrenberg
Don't Blame Faculty For High Tuition: The Annual Report On The Economic Status Of The Profession, 2003-04, Ronald Ehrenberg
Ronald G. Ehrenberg
[Excerpt] The bottom line is that although faculty and staff salary in-creases obviously contribute to increases in tuition, other factors have played more important roles during the last quarter century. These factors include the escalating costs of benefits for all employees, reductions in state support of public institutions, growing institutional financial-aid costs, expansion of the science and research infrastructure at research universities, and the increasing costs of information technology. If tuition and fee increases had been held to the rate of average faculty salary increases during this period, average tuition and fees would be substantially lower today in both the …
Infrastructure For Economic Growth And Development: The Financing Gap, Michael Regan
Infrastructure For Economic Growth And Development: The Financing Gap, Michael Regan
Michael Regan
Extract: Infrastructure is one of the most important tools for accelerating economic development in developing and transition economies. However, the benefits are not always uniform across nations; the results vary significantly between industries, and improved social returns from additional investment have more to do with the procurement method and operational efficiencies than the amount of money that is employed. This article provides a review of the role that infrastructure plays in strengthening economic development and poverty reduction and reducing trade costs to support improved regional cooperation and integration in Commonwealth countries.
Critical Foundations: Providing Australia’S 21st Century Infrastructure, Michael Regan
Critical Foundations: Providing Australia’S 21st Century Infrastructure, Michael Regan
Michael Regan
Extract:
Infrastructure is undoubtedly the least understood of the major asset classes in Australia. A tradition of public ownership and operation, its status as a public good and a lack of information about its investment characteristics in both public and private hands has contributed to limited recognition of its role in national and regional economies. However, this situation is changing. A coincidence of political, economic and financial events in the lead up to the worldwide economic recession of the late 1980s and Australia's microeconomic reforms of the 1990s b[r]ought into sharper focus the central role that infrastructure plays in both …