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| | International Higher Education--17/8 |
 | | Grace C. Mak is on the faculty at the Hong Kong Institute of Education, Address: Hong Kong Institute of Education, 10 Lo Ping Rd., Tai Po, New Territories, Hong Kong. |
 | | The public funding for higher education institutions under the aegis of the University Grants Committee has increased in absolute terms, from H.K.$8,157 million in 1992-1993 to H.K.$14,001 million in 1998?99, but has declined as a percentage of total expenditure in education from 36.9 percent to 27.5 percent during the same years. |
 | | It appears that the issues facing Hong Kong higher education are part of a broader worldwide transformation of higher education, despite local and cultural variations. |
| www.bc.edu /bc_org/avp/soe/cihe/newsletter/News17/text8.html (998 words) |
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