E-Learning Financing Models in Russia for Sustainable Development

Dayong Nie, Elena Panfilova, Vadim Samusenkov and Alexey Mikhaylov
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Dayong Nie: Department of Science & Technology, Yellow River Conservancy Technical Institute, Kaifeng 475004, China
Elena Panfilova: Department of Management Organization in Engineering, State University of Management, Moscow 109542, Russia
Vadim Samusenkov: Department of Prosthetic Dentistry, Federal State Autonomous Educational Institution of Higher Education I.M. Sechenov First Moscow State Medical University of the Ministry of Health of the Russian Federation (Sechenov University), Moscow 119991, Russia

Sustainability, 2020, vol. 12, issue 11, 1-14

Abstract: E-learning brings new dimensions to traditional education. This especially affects countries that, due to many factors, have historically been considered the “talent pool” for the world community. In this study, a model for financing e-education has been developed that is applicable to Russian realities. The model was built around the balance between demand (global politics, economics, and principles of sustainable development) and supply (sources of direct financing). As a result, a key challenge of improving the e-learning financing methodology and models, specifically the efficiency of government spending and private investing, demands the use of new approaches and mechanisms. To improve e-learning financing, a clear understanding of the applied purpose of public and private means is required. Responsibilities for the e-learning outcome of institutions that receive financing are linked to their status. An unclear understanding of these issues is more likely associated with the issue of transparency of financing than with inefficiency. The proposed model allows transforming the “standards” of financing both in the field of e-education and Russian education in general and presents a new vision of participants’ interaction in the educational process, taking into account a set of restrictions and market features.

Keywords: e-learning; e-learning consumers; financing models; international education; sustainable development (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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