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This paper marks the changes that have taken place in the Senegalese higher education system. As Senegalese citizens and leaders have worked diligently to improve their economy and society as a whole, they have experienced a great deal of obstacles in moving forward. Throughout this process, education has been an important aspect to improving the economic and social development of the country. Included in this economic, social, and educational overhaul, higher education was a component that required a great deal of work. In order to contend in the global society, the higher education system needed to be reformed. This paper included a discussion of the reformation process of Senegal's higher education from the French model at the heart of its inception to the adoption of the Bologna process. This process has allowed higher education in Senegal to become better with time and grow in its success.

Higher education transformation in the Czech Republic has been aimed at increasing the competitiveness of Czech higher education institutions within the European context, as well as strengthening their role as the main sources of innovation for sustainable development in its economic and social dimensions. This transformation has undergone a turbulent development in last years. The paper elucidates some recent legislative amendments and aims of the Ministry of Education's development plans. We also clarify some research steps that have been undertaken to shed light on the next steps in the transformation. The problem with the reform process is that many systemic undertakings come under pressure from changes in policy cycles, governmental priorities, budgeting, and socio-demographic conditions.

In a recent contribution, Redding and Schott [2003. "Distance, Skill Deepening and Development: Will Peripheral Countries Ever Get Rich?" "Journal of Development Economics": 72 (2): 515-541. doi:10.1016/S0304-3878(03)00118-4] add human capital to a two sector NEG model, highlighting that remoteness represents a penalty that gives disincentives to invest in human capital. But is this hypothesis consistent with long-term evidence? We test the persistence of this effect at the regional level in an historical setting. The results show that market access has a significant positive influence on human capital in OLS, Tobit and IV regression models. Thus, the paper confirms the 'penalty of remoteness' hypothesis for Europe in the long run.

Various studies show that higher education institutions contribute to regional economic development by R&D, creation of human capital, knowledge and technology transfer, and by creation of a favourable milieu. It is brought out that the basic procedure is to sum expenditures of the college community (students, faculty, staff and visitors) created by the presence of the institution and apply multipliers to account for the interdependency of economic activity in a local economy, resulting in an estimated "local economic impact." The aim of the paper is to investigate the relationship between students in tertiary education and economic growth in NUTS 2 level in Europe from 1998 to 2008 by looking whether the share of tertiary students (measuring human capital) is correlated with the share of knowledge-intensive employment (KIE) in different regions. The increase in KIE is related to increasing levels of GDP per capita and R&D expenditures. Taking into account regional-level fixed effects, the share of tertiary students is not statistically significant. We found out that the increase in KIE is related to increasing levels of GDP per capita and R&D expenditures. The share of students five periods ago has a positive relation with the KIE: as we assumed, it takes time for the human capital to contribute to the economic development.

In the policy period following the Lisbon Strategy of 2000, European governments increasingly regard universities, and the research they produce, as key to enhancing economic performance. With this heightened respect for the value of university-based research, comes an impatience to see returns on the public investments made. We analyze how policy is being used to influence the academic research process through the evaluations and funding allocation that accompany public funding. This paper features examples from the European Union and recent policy developments in two nation states to investigate how policy seeks to enhance the non-academic impacts of academic research.

The postsocialist nations of Central and Eastern Europe lack entrepreneurial traditions and practical experience. One difficulty in adapting Western business experience is the need for a common language and understanding of ethical standards. (SK)

The heritage of the past 50 years is the greatest challenge facing higher education in central Europe. Issues to be addressed include the traditional separation of teaching and research, low enrollment and labor market needs, diversification, access, the role of the government, and the economic context and impact of higher education. (MSE)

Reviews science and technology policymaking in five countries with free-market economies: the United Kingdom, Germany, France, the Republic of Korea, and the United States. Implications for eastern European and other countries currently reorganizing toward domestic market economies and greater orientation toward world trade are discussed. (61 references) (LRW)

This paper examines the importance of trade openness for attracting Foreign Direct Investment (FDI) inflows, using a sample of 36 developing economies for the period 1990-2008. It provides a direct test of causality between FDI inflows, trade openness and other key variables in developing regions of the world: Latin America, Asia, Africa, CIS (Commonwealth of Independent States) and Eastern Europe. Trade openness is measured by using eight different indicators. The main empirical findings of the panel regression analysis reveal that in the long run, trade openness contributes positively to the inflow of FDI in developing economies.

Discusses the roles academic and public libraries can play in the process of economic restructuring and development. A business school library in Hungary is described, and its role in economic restructuring and the education of future managers is discussed; and the role of public libraries in the United States is examined. (four references) (LRW)