CEU eTD Collection (2012); Kang, Ho Jong: THE UNINTENDED CONSEQUENCES OF INTERNATIONAL STUDENT POLICIES: THE SOUTH KOREAN EXPERIENCE

CEU Electronic Theses and Dissertations, 2012
Author Kang, Ho Jong
Title THE UNINTENDED CONSEQUENCES OF INTERNATIONAL STUDENT POLICIES: THE SOUTH KOREAN EXPERIENCE
Summary This paper seeks to analyze sources which influence the occurrence of the unintended consequences derived from South Korea’s international student policies regarding recruitment and management by using the principal-agent theory. There has been a growing interest in international student mobility in higher education since higher education become an international commercial good, which is mainly driven by economic globalization.
The widening trade deficit in higher education motivated South Korea to develop policies to invite more international students since 2001. Those policies, however, generated the unintended consequences, which were not equated with the official policy goals. These unexpected consequences need be mitigated when those outcomes may offset the positive effects of policies.
The findings of this paper reveal that frameworks of regulations and incentives that the government, as the principal, created can condition the behaviors of universities, as the agents, and policy outcomes. The absence of screening system in the presence of information asymmetry, the emphasis on input-based funding, and the use of accreditation system without specific reference points were identified as the main sources.
This paper shows that the principal-agent theory could be applied to the government-university relationship within the international student policy area, which provides new insights for ensuring policy effectiveness by reducing side-effects of policies.
Supervisor Lazerson,Marvin;Bacevic,Jana
Department Public Policy MA
Full texthttps://www.etd.ceu.edu/2012/kang_ho-jong.pdf

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