System dynamics approach to the financial crisis in elementary education system - a case in Taiwan

Achieving financial stability and long-term human resources planning are critical to a sound elementary education system. In recent years the consistent rise of Taiwanese governments debt combined with the increase of education expenditures has caused a financial crisis to the elementary education. In fact, the Taiwanese elementary education system is affected by supply and demand of finance. This study uses system dynamics approach to discuss a proposed financial dynamic model of Taiwanese elementary education system and to explore the system behavior. Practical policy recommendations are suggested that have positive impacts on the future development of Taiwanese elementary education system and serve as a reference for educational policymakers.

[1]  Chiou-Guey Jan.  Taiwan as a Business Model of Defense Technology Development for Newly Industrialized Countries in East Asia , 2007 .

[2]  J. Homer,et al.  System dynamics modeling for public health: background and opportunities. , 2006, American journal of public health.

[3]  T.-S. Jan,et al.  A four-role model of the automotive industry development in developing countries: a case in Taiwan , 2004, J. Oper. Res. Soc..

[4]  Jennifer S. Tucker,et al.  Dynamic Systems and Organizational Decision-Making Processes in Nonprofits , 2005 .

[5]  J. Malilay,et al.  Climate change: the public health response. , 2008, American journal of public health.

[6]  R. G. Coyle,et al.  System Dynamics Modelling , 1996 .

[7]  David N. Ford,et al.  Mental models concepts for system dynamics research , 1998 .

[8]  P. Senge.  The fifth discipline : the art and practice of the learning organization/ Peter M. Senge , 1991 .

[9]  Jay Wright Forrester,et al.  Urban Dynamics , 1969 .

[10]  J. Forrester.  Information Sources for Modeling the National Economy , 1980 .

[11]  D. Young.  Organizational Identity in Nonprofit Organizations: Strategic and Structural Implications , 2001 .

[12]  Jac A. M. Vennix,et al.  Group model-building: tackling messy problems , 1999 .

[13]  George P. Richardson,et al.  Group model building: adding more science to the craft , 1997 .

[14]  D. Meadows,et al.  The Limits to Growth , 2018, Green Planet Blues.

[15]  José Ramón Gil-García,et al.  Understanding the evolution of e-government: The influence of systems of rules on public sector dynamics , 2007, Gov. Inf. Q..

[16]  Wayne K. Hoy,et al.  A systems approach to quality in elementary schools: A theoretical and empirical analysis , 2004 .