Education and media services both provide services that embody local cultures, in
which there is extensive public sector participation and significant domestic regulation.
At the same time, they are dramatically affected by the information and communication
technology revolution. The production of information content now involves huge costs
in terms of research and development or artistic talent, while the cost of making
such products available to other consumers is very low. This in turn challenges the
effectiveness of domestic regulation and raises fundamental questions about its purpose,
calling for an increased scope for international trade and investment, and the development
of supply chains. This book provides readers with a comprehensive and consistent treatment
of policy in the higher education and media services sector across a range of Asian
economies little studied in the existing literature. It gives an overview of global
trends in each area, followed by detailed, country-specific studies. Through comparative
work, it identifies common elements across these sectors and highlights critical implications
for trade policy.