The numbers enrolled in higher education have risen very rapidly, by almost 10 percent per annum between 2002 and 2014, compared to annual growth of 3.3  5  percent in the 20-24 age cohort during this period. As a share of the relevant age cohort, those enrolled in higher education more than doubled between 2002 and 2014, from 6 percent to 13 percent.
Priority should be given to the first round of FSAP for all systemically important countries before repeating FSAP for countries which have already gone through a similar exercise. 13. A key pre-requisite for effective surveillance is governance reforms that reflect changing global economic realities and ensure equity and balance. Effective implementation will also develop a broader consensus for further reforms.