Higher Education
The Private Production of Higher Education During a Currency Crisis: Innovative Pricing, Human Capital Retention, and Trust
This academic research investigates the reaction of private higher education providers in the Middle East and North Africa (MENA) region to the currency devaluation shocks in terms of pricing educational services, sustaining pedagogical performance, and human capital retention, while capitalizing on trust and social bonds.
The project focuses on quantifying:
- . the rich and innovative dynamic pricing approaches adopted by private higher education providers via contingent combinations of the highly unstable local currency and the relatively stable U.S. dollar.
- . the key factors that enable these private establishments to sustain educational quality and retain human capital.
To achieve our objectives, we will generate and analyze a unique dataset using advanced panel data modelling techniques. The findings will be shared through two peer-reviewed publications in prestigious open access academic journals, two presentations at international academic conferences, a policy paper, and a dedicated conference bringing together academics and policymakers.
This project is timely, relevant, and significant for the MENA region, given the recurring currency devaluation crises, the public sector’s failure to meet higher education demands, and the increasing calls for choice-based and entrepreneurial approaches to sustaining and enhancing human capital.