Investing in a World of Risk: Abridged version

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Privately-funded education, he says, is a premium product with strong underlying demand driven by expanding middle classes and attractive long-term returns. The evidence to support this theory stacks up. A report published last year by Parthenon-EY found that mergers and acquisitions in education in emerging markets had increased sixfold since Much of that activity is in domestic provision, but a significant proportion is in international.