The Role Of Education In A Changing World Of A Global Economy

Topic: The role of education in a ever-changing world of a global miserliness. Globalization is an overarching and driving wedge for the global parsimony: This leads to competition which can be provoke through education (Kirk, 2009). Globalization is commonly understood as Americanization. Globalization is an irresistible phenomenon that is everywhere and is responsible for bringing move changes at an unprecedented speed. Education and labor markets are seen to be fast moving in the direction of globalisation. This wave of globalisation is creating disparities among nations, influencing people’s breaks, making the rich even richer excessively unfortunately providing only few benefits to the poor (Potier, 2007). In a world which is depending increasingly on knowledge, educational systems need to be redesigned to educate people not only for the work environs simply also for life. Natural resources can be faded only knowledge is i nfinite. Knowledge is one of the most guileless resources of economic reaping. The National Governors’ Association of the United States notes that, “The driving vow behind the 21st century economy is knowledge and growth human capital is the best way to ensure prosperity” (Duderstadt, 2002). Education has become a global commodity, to be traded heretofore as other goods are traded, leading to competition among educational exporters and importers (Kirk, 2009). There is growing competition among countries as the global economy influences the springys of people. The competition is not limited only to economic systems but to research, development and the educational systems too. Nations compete for educational excellence, equating it with military issue development. The role of knowledge is considered the most important factor in a knowledge driven economy and society that we live and work in. Studies show that “half of the world’s extend is under the ! age of twenty, with over two...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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