Globalization and Higher Education in India

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Globalization and Higher Education: An Indian Perspective

C. P. Chandrasekhar

Globalization has, it is widely acknowledged, thrown open new challenges for higher education policy in developing countries. With corporations increasingly catering to global markets, multinationals using developing countries as locations for world market production and the share of services in international trade rising, the demand for a more homogenous structure of higher education has increased. In the process, education itself is becoming an important component of global services trade. According to the data reported by the World Trade Organization (WTO), global cross-border exports of services totalled $3.3 trillion in 2004. The US was by far the largest services ...