Higher education as a public good in a marketized East Asian environment

Abstract

This chapter discusses the public value of East Asian higher education in a highly marketized context. Focus is on shared and collective benefits in higher education, in a policy setting in East Asia and elsewhere where higher education is formally positioned as a competition between universities and as a tool of national competition in a globalizing world. The chapter is concerned with two related matters: (1) defining and identifying the public good and the different public goods in higher education and (2) augmenting those public goods, both national and global.