Public Good and Personal Gain in Higher Education (Kingston, Jamaica)
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0000
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The speech explores the concept of public and private goods with a focus on health and higher education, emphasizing their roles as critical components of human capital and national development. It highlights the challenges in funding and supplying public goods, especially education, and discusses the dual role of higher education in economic growth and cultural preservation. The speaker stresses the need for stable government support, balanced with individual contributions, and recognizes the significance of regional cooperation and diaspora in sustaining development. The discussion also touches on quality assurance in tertiary education and the responsibilities of private institutions.
Keywords
Public goods, Higher education, Economic development, Cultural preservation, Government funding