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Making education diversification reform happen

In: Human Capital and Development

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Abstract
Amid globalization and knowledge-based economies, many countries have given higher priority to education reforms. However, when it comes to specific goals, policy agendas, and strategies regarding education reform, consensus among countries has yet to be formed. For example, Korea strongly focused on lowering college advancement rates and reducing the test burdens on students. In contrast, increasing college enrollment rates and improving the test scores of students in secondary and primary schools are major goals of the U.S. and the U.K. Thus, the direction of Korea’s education reform may appear to be headed towards the opposite direction as those of the U.S. and the U.K. In Korea, as discussed in the previous chapter, the ‘education bubble’, which is defined as persistent increases in educational expenditures that do not contribute to human capital accumulation, formed since the 1990s when the surge of demand for higher education enlarged the size of private tutoring and low-quality colleges with their graduates receiving wages lower than high school graduates. Korea’s education bubble is the result of the quantity-oriented expansion of education, which was derived from the consistent demand for education amid low improvements in quality and weak horizontal differentiation among schools and colleges.

Suggested Citation

  • ., 2018. "Making education diversification reform happen," Chapters, in: Human Capital and Development, chapter 3, pages 93-114, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17648_3
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    Cited by:

    1. Allen, Franklin & Gu, Xian & Jagtiani, Julapa, 2022. "Fintech, Cryptocurrencies, and CBDC: Financial Structural Transformation in China," Journal of International Money and Finance, Elsevier, vol. 124(C).
    2. Malvaso, Catia G. & Delfabbro, Paul H., 2020. "Description and evaluation of a trial program aimed at reunifying adolescents in statutory long-term out-of-home care with their birth families: The adolescent reunification program," Children and Youth Services Review, Elsevier, vol. 119(C).
    3. Dimmock, Clive & Tan, Cheng Yong & Nguyen, Dong & Tran, Tu Anh & Dinh, Thang Truong, 2021. "Implementing education system reform: Local adaptation in school reform of teaching and learning," International Journal of Educational Development, Elsevier, vol. 80(C).
    4. Luu, Betty & Collings, Susan & Wright, Amy Conley, 2022. "A systematic review of common elements of practice that support reunification," Children and Youth Services Review, Elsevier, vol. 133(C).

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