Features and results of financing higher education institutions in terms of integration processes (the case of Ukraine and Norway)

Анотація

This article considers the concept of internationalization of the higher education sector under the influence of globalization processes. In today's realm, it is difficult for higher education institutions to maintain sustainable development without international collaboration and cooperation. The example of such cooperation in the international arena is the Norwegian-Ukrainian partnership in the higher education sector. The article reviews the higher education funding system in Norway and highlights the incentives for Norwegian universities to enter into international partnerships. In this regard, two higher education projects between Ukraine and Norway are analyzed: Norwegian-Ukrainian cooperation in Public Sector Economy Education: Accounting, Budgeting and Finance (NUPSEE) and Norwegian-Ukrainian cooperation in the area of Public sector accounting, budgeting and finance Research Education (NUPRE). The vital part of such partnerships is potential perspectives for the Ukrainian universities, which are discussed in this paper. The main conclusion is that under current circumstances universities are faced with government funding cuts and they need to find alternative revenue streams. In this regard, internationalization can be an integral part in providing the Ukrainian universities with possibilities to search for alternative revenue sources for financing their activities.

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