The scale of private professional education and training varies significantly in different countries, based on the level of economic development and cultural and historical traditions. As a rule, the privatisation process in education is a key characteristic of the elementary and more dynamic stages of economic transformation.
In particular, in these periods, the outputs from investment in private education have maximal meaning. Further, based on transition to stable, steady regimes corresponding to a higher level of economic development, the trend towards privatisation slows down on achieving stability. - University World News