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3.1.9. Rival Explanations |
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3.1.9.1. National Context
With a GDP growth rate of 1,9% in 2005, and 3,2 in 2004 (Worldfactbook, 2006), the United Kingdom is among the strongest and healthiest European economies. This combined with an agile higher education discourse and programme development in UK politics leads to a favourable national context.
While constituting a strong national context, it has to be taken into account that the UK (like all Anglophone countries plus Japan) is one of the most expensive countries when it comes to the costs of higher education (OECD, 2006). This, however, (according to the OECD (ibid.) does not result in low accessibility. Quite the contrary, the UK reaches the second best score for accessibility in the 2005 global ranking.
3.1.9.2. Local & Regional Context
London is one of the most cosmopolitan global centres and therefore provides a highly stimulating but also possibly distracting academic stage. However, the abundant availability of learning opportunities surely contributes to the development of knowledge and an entrepreneurial spirit. Sandwiched between the BBC World Service building and the Royal Courts of Justice, the LSE is directly in the political and communicative mix of the British government and media. This location and these prestigious neighbours have to be evaluated as a very positive asset further augmenting the School’s success.
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