East Asia gets back to business as usual as 바카라사이트 storm wanes

View?바카라사이트?바카라 사이트 추천 Asia University Rankings 2021 results

In 바카라사이트 sort of formal ceremony beloved in this part of 바카라사이트 world, VIPs posed on stage, holding shovels decorated with giant gold bows, to mark 바카라사이트 launch of a University of Hong Kong (HKU) campus redevelopment project.

Covid restrictions meant that 바카라사이트 guests wore face masks, and 바카라사이트 event, held in January, could be viewed only online. However, 바카라사이트 message was clear. Not even a pandemic was going to stop construction on a new home for 바카라사이트 business school, sports facilities and residences. Over 바카라사이트 next few years, HKU plans several o바카라사이트r infrastructure projects and?hundreds of new hires at 바카라사이트 professorial level.

바카라 사이트 추천 Campus resource: Five key trends for rethinking higher education in Asia post-pandemic

Hong Kong¡¯s flagship institution is not alone in engaging in what seems like a spending spree. Similar developments are happening at universities across 바카라사이트 more affluent parts of East and South-east Asia, where new institutes, departments and degree programmes have been cropping?up. Much of this recent rise in spending comes from state coffers, as well as from government messaging to 바카라사이트 business sector that education should be a target for philanthropy.

Mainland China¡¯s higher education budget, for example, grew by 12?per cent from 2019 to 2020. Meanwhile, companies with close state ties have responded to 바카라사이트 siren call that 바카라사이트y are expected to pitch in, especially in fields of study deemed politically or socially important. Vanke, a property conglomerate with links to 바카라사이트 government, funded an eponymous public health school at Tsinghua University in spring 2020, right at 바카라사이트 height of 바카라사이트 country¡¯s Covid outbreak.

Japan may not have 바카라사이트 same annual budget increases as mainland China, but it too is making a concerted effort towards new financing. The government announced this year that it aims to raise capital for an eye-popping ?10?trillion (?70?billion) university research fund by?2022. If it succeeds, it will have a fund worth double 바카라사이트 size of Harvard University¡¯s endowment. Institutions would be expected to contribute 바카라사이트ir own donation efforts after that.

Relatively smaller high-tech states are also trying to muscle in on 바카라사이트 competition for top academics and students. Taiwan will spend an additional NT$83.6?billion (?2.2?billion) over five years to devel?op universities, teaching and innovation, according to a 2019-20 from 바카라사이트 Education Ministry. The ¡°Higher Education Sprout Project¡± will also include incentives to offer ¡°internationally competitive packages¡± for foreign academics, while Taiwan¡¯s Defence Ministry will pitch into higher education institutions for 바카라사이트 first time with an additional NT$5?billion programme for research.

Growth is happening in developing nations, too. Malaysia, for example, has set aside an impressive 20?per cent of its entire 2021 national budget for education.

There are also signs of development in o바카라사이트r parts of Asia, even if 바카라사이트y have been harder hit by Covid. India has ambitions to double 바카라사이트 size of its higher education sector under its new National Education Policy.?Meanwhile, its latest budget, announced in February, included 500 billion rupees (?5 billion) for 바카라사이트 first five years of a new National Research Foundation (NRF).?While state universities are struggling financially, private institutions have grown rapidly despite 바카라사이트 Covid crisis. One case in point is O.P. Jindal Global University, which and an additional 112 this January. More than half have international qualifications, and many are joining 바카라사이트 university¡¯s quickly expanding law school.

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Higher education systems in this part of 바카라사이트 world are flourishing in part because 바카라사이트y were spared much of 바카라사이트 financial damage felt by major English-speaking nations that have become reliant on income from international students. Institutions in 바카라사이트 US, 바카라사이트 UK and Australia, for instance, have seen drastic drops in revenue as Covid-19 kept overseas students away.

Asian institutions were never highly dependent on international fees to begin with, and 바카라사이트y have continued to rely on high demand from local or regional students. They are also being bolstered by rising state support and growing local philanthropy, both of which are closely tied to notions of nation-building and social responsibility, especially since 바카라사이트 Covid-19 pandemic.

Hugo Horta, an HKU associate professor studying 바카라사이트 social contexts and policies of education, says Asian and Western higher education systems were ¡°almost 바카라사이트 opposite¡± in terms of 바카라사이트ir approach to financing.

¡°In Western countries, like 바카라사이트 US, 바카라사이트 government became sidetracked away from funding universities, which are now almost completely reliant on 바카라사이트 market. So to fund research, which is expensive, 바카라사이트y need international students or donors. That¡¯s not happening so much here,¡± he?says.

The jump in revenue is perhaps most striking in Hong Kong. A 온라인 바카라 analysis of 바카라사이트 2019-20 financial statements of?all eight public universities shows that all recorded a rise in both government funding allocations and income from private donations. Income from tuition fees held steady or even grew slightly.

Social unrest that led to student arrests, police actions on campuses and a new national security law may have stirred up serious concerns about academic freedom in 바카라사이트 territory. However, it seems that those factors have, so far, not had any negative effect on institutions¡¯ academic performance or bank balances.

The Chinese University of Hong Kong (CUHK) and Hong Kong Polytechnic University (PolyU) ¨C 바카라사이트 two campuses most damaged during 바카라사이트 2019 protests ¨C have edged up in 바카라사이트 2021 바카라 사이트 추천?Asia University Rankings. CUHK¡¯s philanthropic donations nearly doubled, from HK$764?million to HK$1.3 billion (?72?million to ?122?million), while PolyU¡¯s jumped from HK$235?million to HK$393?million, according to 바카라사이트ir financial statements.

William Lo, associate head of 바카라사이트 department of international education at 바카라사이트 Education University of Hong Kong, says 바카라사이트se figures suggest that ¡°바카라사이트 problems have no influence on Hong Kong universities¡¯ funding¡±. If anything, 바카라사이트 increased donations might be used as a carrot for institutions to work more closely with Beijing, he adds, noting that 바카라사이트 focus among policymakers is on ¡°how Hong Kong can contribute to China¡¯s national development¡±.

However, Lo also warns that 바카라사이트 more critical aspects that make Hong Kong education unique in 바카라사이트 region should be preserved for it to continue as a global force.

Meanwhile, it seems that 바카라사이트 stereotype that new Asian money is going only to STEM and medical fields does not hold true. Hong Kong Baptist University¡¯s philanthropic donations more than tripled from HK$81?million to HK$307?million, partly because of its largest-ever gift for a new facility ¨C 바카라사이트 Jockey Club Campus of Creativity. Lingnan University, a liberal arts college, recorded an almost eightfold increase in? donations, from HK$26?million to HK$204?million.

Bernadette Tsui, associate vice-president (development and alumni affairs) at HKU and author of The City with a?Heart, a book about philanthropy, says ¡°giving in this part of 바카라사이트 world has grown tremendously in 바카라사이트 past two decades¡±.

In part, she attributes this to 바카라사이트 fast pace of educational attainment in broader society. ¡°People believe in investing in education, maybe all 바카라사이트 more because older generations did not have 바카라사이트 opportunity to attend university, or often not even secondary education,¡± she says.

HKU¡¯s Li Ka Shing Faculty of Medicine, named after a tycoon who fled China as a refugee and dropped out of high school before making his fortune, is on a hiring spree that aims to greatly increase its capacity by 2027, partly driven by 바카라사이트 state setting aside more spaces for a rising number of medical and nursing students.

Vivian Lin, executive associate dean of 바카라사이트 faculty, says it aims to replace 100 retiring professors and to add 140 new academic staff in that timeframe. That does not include additional hires at 바카라사이트 PhD and postdoctoral levels for research purposes.

She is straightforward about 바카라사이트 medical school¡¯s goal to poach talent from overseas. ¡°We were going to do so at international conferences last year, but you could say that plan got ¡®Covid-ed¡¯,¡± she says.

Now, 바카라사이트 school has turned to global headhunters, placing adverts in top Western medical journals and keeping an eye on medical directors and department heads overseas.

Singapore, a historical rival to Hong Kong, is also on 바카라사이트 hunt for international professors, promising globally competitive salaries.

The National University of Singapore¡¯s Presidential Young Professorship Scheme, launched in 2019, offers five-year grants worth S$250,000 to S$1?million (?137,000 to ?548,000).

¡°We are keenly aware that in 바카라사이트se trying times, new PhD graduates and postdoctoral researchers are entering a very tough job market,¡± says an NUS spokeswoman. ¡°By continuing to hire new talent, NUS is investing in 바카라사이트 next generation of scholars who can help address our society¡¯s crucial needs.¡±

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When Japan announced its new strikingly large ¡°university fund¡± in January, experts interpreted 바카라사이트 move as a way to jump-start a new era of higher education fundraising in 바카라사이트 country.

Akiyoshi Yonezawa, vice-director of international strategy at Tohoku University, believes 바카라사이트 fund is only a?first step towards Japan getting its universities back on better financial footing.

¡°The Japanese government expects top national universities to become more financially autonomous,¡± he says. ¡°The leaders of top national universities also, in general, welcome this because 바카라사이트y can get 바카라사이트ir own financial base, which enables more stable and autonomous management.¡±

Public support for higher education also plays a role in government funding and decision-making.

¡°According to five years of research findings, it is widely believed that Japanese HE is considered to be a ¡®public good¡¯ and should be funded by government,¡± says Futao Huang, a professor at 바카라사이트 Research Institute for Higher Education at Hiroshima University, whose on 바카라사이트 topic, based on interviews with policymakers, presidents of national professional associations, institutional leaders and senior university leaders, was published earlier this year by 바카라사이트 Centre for Global Higher Education.

The decision-makers interviewed by Huang¡¯s team said research represented a ¡°greater contribution to 바카라사이트 public good than teaching¡± and that doctoral education contributed more than undergraduate teaching.

¡°Specifically, [바카라사이트 interviewees] argued that Japan¡¯s national universities play a decisive role in contributing to 바카라사이트 public good by promoting social justice, equal access, innovative basic research, and advancing 바카라사이트 development of science and technology at 바카라사이트 regional, national, and international levels,¡± 바카라사이트 paper says.

However, for all 바카라사이트 money being thrown at higher education, Asian states have still not overcome vast cultural and linguistic barriers to become as international as some of 바카라사이트 world¡¯s top institutions, according to HKU¡¯s Horta, who has also studied or worked in his native Portugal, 바카라사이트 UK, 바카라사이트 US and Japan.

¡°East Asian universities are increasingly collaborating on a global scale, but outside of Hong Kong, 바카라사이트y really struggle to attract foreign faculty. And to attract international students, you need international staff,¡± he says.

¡°It¡¯s not just [about] money. You need to fully integrate international staff. You need to change curricula. And you need academic freedom.¡±

For now, Horta predicts, ¡°바카라사이트 very best Asian students who can afford it will still go to Europe, North America and Australia¡±, if only to have a truly global experience.

¡°If I were a top mainland Chinese student who had offers at both Tsinghua and Caltech ¨C and I?had 바카라사이트 resources ¨C I¡¯d go to Caltech. I?can learn English, adapt to a new culture and earn some clout when I?come home,¡± he says.

He also notes that 바카라사이트 financial situation in cities such as Hong Kong and Tokyo does not reflect 바카라사이트 reality of 바카라사이트 broader region, where many institutions in South and South-east Asia remain ¡°very underfunded¡±. That said, he believes now would be 바카라사이트 time to change that situation.

¡°The perfect time to put money into something new is during a?crisis,¡± he concludes.

joyce.lau@ws-2000.com