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Article
ANALYSING THE FUNDING CHANGES OF LITHUANIAN HIGHER EDUCATION
Feliksas Ivanauskas, Arvydas Kregzde, Aleksas Pikturna
ABSTRACT. This article focuses on the funding reforms of higher education in Lithuania. The authors analyse the circumstances and drivers of the reforms of higher education. The main finding is that the frequent changes of the funding system depend on the economic, demographic and political fluctuations in Lithuania. Despite the strategic goal of Lithuania to implement the principles of the Bologna Process, the volatility of the environment creates the need to change the funding system according to the current condition. Convergence towards the output based market principles of the funding is not monotonic in Lithuania .
KEYWORDS: higher education, funding, public, reform, university, policy.
JEL classification: I21, I22, I28.