Transforming Higher Education in a Global Knowledge Economy
Keywords:
Knowledge management, Privatization, Higher Education, General Agreement on Trade in Services (GATS)Abstract
The globalization and liberalization of higher education have significantly transformed the education sector across the world. Advancements in technology, increased private participation, and the implementation of the General Agreement on Trade in Services (GATS) have accelerated the internationalization and marketization of higher education (Knight, 2003; Robertson, Bonal, & Dale, 2002). While these developments have expanded access and created new opportunities, they have also raised concerns related to commercialization, quality, affordability, unequal access, brain drain, and declining research orientation. This paper examines the major challenges emerging in higher education due to globalization and privatization, particularly in the Indian context. It also suggests measures for improving quality, ensuring equitable access, strengthening regulation, and promoting research and innovation. The paper concludes that higher education must balance global competitiveness with its broader social and developmental responsibilities.
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Copyright (c) 2026 Snigdha Singh (Author)
This work is licensed under a Creative Commons Attribution 4.0 International License.
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