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Professor Bruce Chapman AO is an economist of international renown whose work has had a profound influence on higher education funding and public policy in Australia and around the world. He is best known for developing the concept and design of Australia's Higher Education Contribution Scheme (HECS), introduced in 1989, which became a model for income-contingent student loan systems internationally.
Professor Chapman has extensive experience in public policy and economic reform. His contributions include research and policy development relating to long-term unemployment, and service as a Senior Adviser to former Prime Minister Paul Keating from 1994 to 1996.
Between 1996 and 2013, he advised governments and international organisations, including the World Bank, on higher education financing and policy in countries including China, Chile, Canada, Colombia, Ethiopia, Malaysia, Mexico, Rwanda, Thailand, the United Kingdom, and the United States. He also served as a consultant to the Bradley Review of Australian Higher Education (2008) on student income support and to the Australian Government's Base Funding Review (2011).
In recognition of his distinguished contribution to economics, public policy, and higher education reform, Professor Chapman was appointed an Officer of the Order of Australia (AO).
Born and raised in Canberra, he completed a Bachelor of Economics at ANU in 1973 before earning a PhD in economics from Yale University in 1982. He returned to ANU in 1984 and served as Research Fellow, then deputy Director and Director of the Centre for Economic Policy Research in the Research School of Social Sciences from 1986 until 1994. From 1996-2005 he was a Professor in the Economics Department, Research School of Social Sciences before serving as head of the school 2005-2007. From 2008-2015 Chapman served as Professor of Economics and chair of Public Policy Outreach at the Crawford School of Public Policy. He is currently Professor of Economics, Research School of Economics and Research School of Finance and
Actuarial Studies.
Professor Chapman's research interests include income contingent loans, long-term unemployment, the meaning of job flows data, the economics of crime, the economics of cricket, fertility, marital separation, and government as risk manager. Over the last several years he has convened conferences, and written extensively, on the application of income contingent loans to a host of social and economic reform issues, such as the financing of drought relief, low level criminal fines, elite athlete training, paid parental leave, white collar crime, community-based investment projects, Indigenous business investment, and for taxing the brain drain.
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