Education, in modern times has become an industry. In my opinion, globalization is most likely to have an indirect effect on the world education systems by changing the environments in which these education systems work. The magnitude of the effect of globalization is so huge that it has also affected the education all over the world. On the other hand, it has strengthened the divisions by making the rich richer and the poor poorer. On one hand, globalization has shrunk the world, bringing people and nations closer to each other. The effects of globalization vary from being economical, social, political, cultural, and environmental. Globalization is a phenomenon that has affected almost every sphere of the globe. If you need assistance with writing your essay, our professional essay writing service is here to help! are also related to education in one way or the other (Frances Stewart, 1996). Other important elements for a successful economy, such as infrastructure, efficient government, health of the citizens, etc. Education has become the key to global trading success. It not only affects the productivity of a country and consequently its ability to compete internationally, but it is also important to attract foreign capital. Education has always been an important input for the economic and social progress of the world. ‘For the first time in human history, anything can be made anywhere and sold everywhere’ (Rui Yang 2003).Įducation enriches human lives and raises the standard of human wellbeing. Now, no nation has any control over the value of its currency or over the flow of capital in and out of the country. The current wave of globalization has had a profound effect on the economic and political structures of the world. Globalization can be regarded as a direct result of the spread of the European culture around the world via colonialisation.
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