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 mill for the global thriftiness: This leads to competition which can be fire through education (Kirk, 2009). Globalization is commonly understood as Americanization. Globalization is an irresistible phenomenon that is everywhere and is responsible for bringing brush changes at an unprecedented speed. Education and labor markets are seen to be fast moving in the direction of globalisation. This wave of globalization is creating disparities among nations, influencing people’s breaks, making the rich even richer as well 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 purposeless exclusively knowledg e is infinite. Knowledge is one of the most perfect resources of economic maturation. The National Governors’ Association of the United States notes that, “The driving force 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 moreover 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 hold outs 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 contract 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 festinate 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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