Recent British educational reforms, particularly the adoption of a national curriculum, have increased centralized control of education. Since 1988, teachers have witnessed the erosion of universities' role in teacher training, the "marketization" of the national inspection system for schools, and the imposition of school assessment…

Suggests that the laissez-faire market principles have failed to provide quality schooling in Macau (China) and that education as a public good requires considerable state intervention. Explores schooling in Macau as a case study to indicate how public goods and private services are neither polar opposites nor mutually exclusive. (CMK)

Reports on an interview with the director of Secondary Specialized Education in Russia. Finds concern about the lack of appropriate educational funding to support changes necessary to produce students for a market economy. Calls for more training in economics, marketing, finance, and insurance. (CFR)