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003 ZW-GwMSU
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022 _a18146627
040 _aMSU
_cMSU
_erda
100 1 _aBotlhale, Emmanuel
_eauthor
245 1 0 _aFinancing tertiary education under fiscal stress in Botswana /
_ccreated by Emmanuel Botlhale
264 _aPretoria
_bUNISA and Routledge
_c2015
336 _2rdacontent
_atext
_btxt
337 _2rdamedia
_aunmediated
_bn
338 _2rdacarrier
_avolume
_bnc
440 _aAfrica Education Review
_vVolume 12 , number 4 ,
520 _aDeveloping countries place a high premium on education because it is believed to correlate with economic development. Similarly, Botswana adopted an education-for-development policy when it became independent in 1966. Providentially, it discovered and mined minerals, particularly diamonds, and funded education. Unfortunately, Botswana is a diamonds-led economy and suffered revenue losses due to the global economic crisis. Cutback budgeting became imperative and one of the questions that arose was; who should pay for tertiary education? While the government continues to fund it, calls for alternative financing models have arisen. While the call is legitimate in a resource-limited environment, this article argues that there is a need to interrogate the present financing model to improve it before embarking on new initiatives. Finally, while this case study is Botswana-specific, lessons can be drawn for resource- strained African countries. That is, it is vital to interrogate existing models before thinking of new ones.
650 _aEducation
650 _aFinancing
_xGlobal economic crisis
650 _aFiscal stress
856 _uhttps://doi.org/10.1080/18146627.2015.1112155
942 _2lcc
_cJA
999 _c156678
_d156678