Globalization and Higher Education in India

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Globalization and Education: Third World Experience

Amit Bhaduri

The argument of this lecture is the operation of global scheme, generally called ‘globalization’. This argument with policy implications. For some of its less visible aspects, it has two particular aspects. In the domestic sphere, it basically means an extension of the market principle enabled by liberalization and privatization. It is not only the privatization of physical capital but also the privatization of intangibles like knowledge—it is the privatization of the production and the use of knowledge. However, this process of liberalization and privatization has one particular aspect which is very seldom made clear; and yet it is extremely important to draw attention to it ...