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2 décembre 2012

Education as an export is worth billions

http://enews.ksu.edu.sa/wp-content/uploads/2011/10/UWN.jpgBy Geoff Maslen. Providing education to students from more than 100 nations around the world is Australia’s fourth largest export, behind iron, coal and gold but ahead of tourism, natural gas and crude oil, according to a new report.
The report says education as an export has played a key role in Australia’s economic prosperity, doubling in value every five years from 1990-2010. The sector overtook tourism as the top service export in 2007-08 and edged out gold, briefly, in 2009-10.
But the report notes that 2009 was the peak and that, since then, the income generated from the declining number of foreign fee-paying students – notably from India – fell from A$17.3 billion (US$18 billion) in 2009 to A$15.5 billion in 2010, and down to almost A$14.8 billion over the past year. Read more...

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