International Blog
NZ Universities Do More For Less
Monday, 1 September 2008
New Zealand produces the best universities with less money and fewer people, new world rankings show.
(via The Press) Shanghai Jiao Tong University publishes an annual list of the top 500 universities in the world. New Zealand contributes five entries.
Its percentage of global gross domestic product (GDP) 0.2 per cent makes New Zealand the best at getting value for money.
While New Zealand produces 25 top institutions per 1 per cent of global GDP, Britain produces 8.57 and the United States 5.5.
New Zealand is second when comparing population figures with the number of universities in the top 500. Only Sweden produces more top universities per head of population.
Tertiary Education Commission tertiary network director David Nicholson said New Zealand producing five of the top 500 institutions was a "strong indicator of good work occurring across New Zealand's universities in both teaching and research".
"The Government is committed to ensuring that New Zealand has a university sector that is internationally recognised and that supports the country's economic transformation and social and cultural development," he said.