The Financial Situation of the Higher Education System of the Russian Federation

Abstract

For a number of reasons, higher education in the Russian Federation has been able to benefit from a more stable financial situation than have most of the other “socio‐cultural areas” in Russia. It has nevertheless been severely affected by the problems besetting the other sectors of the Russian economy, most of them linked to the rigours of transition to a market economy. The situation will improve as the Russian economy as a whole improves and as higher education in Russia not only becomes more market‐oriented and quality conscious but adopts specific administrative measures designed to ensure efficiency.