Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)

The Cost-Effectiveness of Export of Educational Services in Russian Universities

Authors
Elena Dorokhova, Yulia Rastopchina, Olesya Pishalchenko, Ekaterina Dorokhova
Corresponding Author
Elena Dorokhova
Available Online 17 December 2020.
DOI
10.2991/aebmr.k.201215.022How to use a DOI?
Keywords
international market of educational services, income from export of Russian educational services, efficiency of export of educational services, education, education of foreign citizens, higher education
Abstract

Although Russia has a strong educational potential, its share in the market of educational services is insignificant. This article analyzes the structure of income from the export of Russian educational services. The article provides calculations of the economic effect of the export of educational services, which is a combination of funds raised from students as payment for educational services, as well as additional expenses (payment for dormitories or rent, food, transport, entertainment, Internet and cellular communications, and other expenses). The leader in economic profitability among Russian universities due to the largest number of foreign students is the peoples ‘Friendship University of Russia’. The article reflects the problems that create barriers to increasing such incomes and the economic efficiency of education exports as a derivative of such incomes. One of the key problems is the problem of the unattractiveness of the Russian economy for the subsequent employment of young professionals. The article examines recent policy changes that could significantly support the export of Russian education by increasing the number of foreign students, which is expected to increase the share of educational services exports in Russia’s GDP, as well as the competitiveness of the national economy as a whole. it also examines the implementation of the Federal project “Export of education” of the national project “Education”.

Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
17 December 2020
ISBN
978-94-6239-302-8
ISSN
2352-5428
DOI
10.2991/aebmr.k.201215.022How to use a DOI?
Copyright
© 2020, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Elena Dorokhova
AU  - Yulia Rastopchina
AU  - Olesya Pishalchenko
AU  - Ekaterina Dorokhova
PY  - 2020
DA  - 2020/12/17
TI  - The Cost-Effectiveness of Export of Educational Services in Russian Universities
BT  - Proceedings of the 8th International Conference on Contemporary Problems in the Development of Economic, Financial and Credit Systems (DEFCS 2020)
PB  - Atlantis Press
SP  - 106
EP  - 109
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.201215.022
DO  - 10.2991/aebmr.k.201215.022
ID  - Dorokhova2020
ER  -