The 1st Asia-Europe Education Workshop entitled “The Impact of the Financial Crisis to Higher Education” was jointly organised by the ASEM Education Hub (AEH) and the Asian Institute of Management (AIM) in the Philippines. On March 25-26, 2010, twenty experts from the fields of education and finance from Asia and Europe convened at the AIM premises in Makati City, to discuss the implications of the financial crisis to the higher education community in ASEM countries.
Arising from the discussions and debates during the Workshop, the publication is the first in a series of Asia-Europe Education Reports which provided inputs to two of ASEF’s initiatives organised in October 2010 – the 4th Connecting Civil Societies of Asia and Europe (on the eve of the ASEM VIII Heads of State Summit) and the 2nd ASEM Rectors’ Conference (Korea). It features analysis from experts in the fields of education and economics on lessons learnt, issues to be further addressed at the ASEM level, and best practices of handling the recent global financial crisis.
The publication includes (1) an introductory paper; (2) a summary of the main discussion lines from the Manila Workshop and (3) the recommendations by the expert group.