PERSPECTIVES OF EMPLOYING WORLD EXPERIENCE IN PROVIDING ACADEMIC AND FINANCIAL INDEPENDENCE TO HIGHER EDUCATION

Abstract

Growing necessity for human capital all over the world creates the need to carry out reforms to improve the quality of education in higher education institutions (HEIs). In order to implement socio-economic political changes in the management system of higher education institutions that they should be given academic and financial independence. This article will highlight a significant condition to improve their activity by providing academic independence which has been tested in advanced universities of the world, and to train competitive personnel. The author will bring some examples about political changes (Decree of the President of the Republic of Uzbekistan, 2019) and academic independence in many advanced higher education institutions of the world to provide academic and financial independence and to introduce a liberal management system (Education Management Corporation, n.d.). Furthermore, the author will emphasize the importance of a number of reforms that are being implemented to give academic independence to higher education institutions ensuring leadership and management system in Uzbekistan based on foreign and international experiences in the concept of the development of higher education system of Uzbekistan until 2030, turning Uzbekistan’s higher education system into a “hub” in Central Asia.