Inomiddin Imomov
PhD, Associate professor in economics theory, Tashkent State University of Economics, Tashkent, Uzbekistan. Email: inompittstate@gmail.com
ORCID ID: 0000-0001-6004-5049
Abstract. Financial sustainability has become a central challenge for educational institutions amid fiscal pressure, demographic change, and rising accountability demands. This study examines how national education policy regimes shape financial sustainability through institutional governance mechanisms, drawing on a comparative analysis of the United States, the United Kingdom, Germany, China, and Japan. Using a multi-level empirical approach, the findings show that sustainability is not determined by funding levels or autonomy alone, but is mediated by governance capacity, transparency, and internal financial management, with regime-specific implications across diverse educational institutions.
Keywords: financial sustainability, educational institutions, policy regimes, higher education governance; comparative education finance.