An Overview of Globalization and Privatization in Education

Y.SYAM KRUPAKAR

An Overview of Globalization and Privatization in Education

Authors: Y.SYAM KRUPAKAR

Unique Paper ID: 182098
Volume: 5
Issue: 7
PageNo: 445-448

Keywords: Globalization Education etc.

Abstract:
Only lately has the technical infrastructure made feasible by enhanced communications networks, information systems, such as the Internet, microelectronics equipment, and computerized transportation systems made globalization viable. Innovation and information are the two primary pillars of globalization, and both need a great deal of expertise. Knowledge products and services are produced by globalised and rapidly expanding information industries. The process of globalization has existed for a while. In terms of capital flows, trade flows, and population migration, the economies of the pre-World War I era (1870–1914) rapidly integrated. Additionally, the Soviet bloc nations were protected from the global economic unification process. But things have changed. The globalization process has become more vigorous during the past 20 years. The effects of globalization on the educational system are multifaceted. It supports innovative methods and resources in this field, such as distance education programs, flexible learning, e-learning, and overseas training. Countries with highly trained human capital profit from globalization, whereas those without such specialized human capital suffer from it. Because their higher education institutions are not sufficiently advanced for the production and application of knowledge, developing and transitioning nations face additional difficulties in a fiercely competitive global economy.

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Cite This Article

ISSN: 2349-6002
Volume: 5
Issue: 7
PageNo: 445-448

An Overview of Globalization and Privatization in Education

Available:https://ijirt.org/Article?manuscript=182098

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