I think there's a really important insight buried in this look at post-Soviet educational institutions: " a market-driven system does not necessarily lead to a differentiated system; in fact, it may be the opposite... Though subject to market competition, in all countries institutions became more homogenous." Once enterprises reach a certain size (larger than a family business but smaller than a college) specialization makes them vulnerable to competition. And "specialized institutions may not be very resilient in the face of economic shocks. Avoiding specialization is thus a hedge against uncertainty in future demand."
Today: 0 Total: 14 [Share]
] [