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A snapshot of global education in 2002
- The global market for education is estimated at more than US$2 trillion.
- About one-third of the global education market is in the United States.
- There are more than 1.5 million students abroad in a market worth almost US$30 billion.
- Global corporate training expenditures will increase to US$28 billion at the end of 2002
from US$1 billion in 1997.
- About one-third of the US$100 billion for-profit education industry in the United States
comes from corporate and government training.
- Tertiary education in Brazil has increased 70% in the past seven years and private
institutions make up 71% of the tertiary sector.
- In Côte d’Ivoire enrolments in private institutions at the tertiary level rose
670% between 1991 and 1995.
- Private business schools were unheard of in Eastern Europe 10 years ago but in 1998
there were 91 in Poland, 29 in the Czech Republic, 21 in Armenia, 18 in Romania and 4 in
Bulgaria.
- Between 1995 and 1999, 500 new tertiary institutions were established in China.
Source: World Bank report, Lifelong
learning in the global economy: Challenges for developing countries, September 2002. |
