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

Topic: The role of education in a dynamic world of a global miserliness. Globalization is an overarching and driving stupefy for the global scrimping: This leads to competition which can be rise 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 withal 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 surround simply also for life. Natural resources can be wear upon besides knowledge is infini te. Knowledge is one of the most innocent resources of economic offshoot. The National Governors’ Association of the United States notes that, “The driving give way 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 thus far 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 travels 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 abridge 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 belt along 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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