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Neoliberalism In Universities

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Introduction
Through globalization, there is the rise of neoliberalism. Intensified global economic competition arose from global integration, where there is provision of greater opportunities to outsource work and open up new labor pools with ease resulting from technological advances. Neoliberalism brings forth the emergence of the importance of a knowledge economy, where knowledge is being commercialized as a global product due to the economic shift from manufacturing to service sectors (Powell & Snellman, 2004). Universities have an influential part to play in the responding of the challenges posed by globalization as they increasingly influence social and economic affairs in modern society, due to the leadership and knowledge being inculcated …show more content…

There is increased need for educational qualifications for workers to remain relevant and employable. This results in a situation where the quality and reputation of individual universities are now linked directly to the intensity of their global involvement (Scott, 2011). There is thus the internationalization of education with increase in the international flows of students and staff, and new cross-border institutional arrangements being developed, in order to intensify the universal involvement of the university (Tan, 2004). The modern university also sees the need to expand local elites and to train technical experts so as to expand higher education, and recruit international students as the universities now act as quasi-commercial organizations within a global knowledge economy with profits-making as the ultimate goal, with the recruitment of international students representing an important income stream for universities (Scott, …show more content…

This enables us to analyze their home country’s education system in contrast with Singapore’s education system and gain in-depth insights of their motivation for choosing to study in Singapore.
Our first interviewee, Tingting, was born in Shanghai, China, where she lived with her family until the age of 14 and went through the formal school education system in Shanghai when she was of age. However, China’s school environment was too stressful for her to cope with, where she is constantly under tremendous stress to maintain good grades, so as to prevent the fall in her ranking. Upon seeing Tingting being trapped in a competitive learning environment, where emphasis is placed on achieving good grades rather than enjoying the process of learning, her mother suggested she furthered her studies in Singapore

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