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7a - The global credit crunch: boom or bust for international education?
Speakers:

Robin Bew, Editorial Director, The Economist Intelligence Unit , UK

Peter Engardio, Senior Writer, International, Business Week, USA

Dr Linda Yueh, Fellow in Economics, University of Oxford, UK

Sir David Watson, Professor, Higher Education Management, Institute of Education, University of London, UK

Chair:

Jonathan Dimbleby, Broadcaster and Presenter, UK

Proceedings:

**Not available**

PowerPoints:

*Not used*

MP3: The global credit crunch: boom or bust for international education – MP3
Video:

The global credit crunch - Video

Outline:

The current economic crisis is gripping the world and having a devastating impact on the finance, retail and construction sectors. Thousands of jobs have already been lost and as stock markets continue to tumble the full effects of the financial turmoil are yet to be felt. But what will be the effect on international education? This special session, chaired by broadcaster Jonathan Dimbleby, will address the potential effects of these unprecedented events on the global education business.

Bringing together business leaders and academics the debate will tackle the burning issues for the education sector. How will China, India and East Asia be affected by events in the West? Will the weakening of the dollar and pound, coupled with growing unemployment, actually result in an increased demand for international education? Is a downturn in global education investments likely? Can the Middle East, Pakistan, China and India continue to invest millions in higher education?

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