The analysis of ISU’s Total Factor Productivity (TFP) in terms of both outputs and outcomes across its various programs reveals several trends and challenges. The contribution to the productivity of ISU is mostly determined by its programs according to their budget share, with the HEP, which has the largest budget share, principally shaping ISU’s productivity. ISU’s overall output and outcome TFPs have remained lower than 100, indicating low cost-efficiency and effectiveness. While there were recoveries in the outcome indicators in the post-pandemic years, issues like skills mismatches, labor market disruptions, and measurement problems
may be affecting the employability outcome of the HEP. Close monitoring of this critical employability outcome in the coming years would confirm whether the effectiveness of ISU is improving and whether the issues raised are being resolved.
Source:
Asian Productivity Organization |
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