The paper gives an overview of the Russian higher education history, outlines its current state, the challenges and opportunities for its modernization in the nearest future. A special emphasis is made on the role of international cooperation in the higher education development and prospects for Russia�s integration into the global educational space. Andrei Kortunov is President of the Moscow based New Eurasia Foundation. He has managed a number of education-focused programs in Russia, working closely with governmental agencies, higher education institutions, international consultancies and foreign foundations
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