Welcome to the InfoSci Platform
How Neoliberal Globalization Directs Higher Education

How Neoliberal Globalization Directs Higher Education

Binh C. Bui, Loan Phuong Thi Le
Copyright: © 2020 |Pages: 13
ISBN13: 9781522597469|ISBN10: 1522597468|EISBN13: 9781522597483
DOI: 10.4018/978-1-5225-9746-9.ch005
Cite Chapter Cite Chapter

MLA

Bui, Binh C., and Loan Phuong Thi Le. "How Neoliberal Globalization Directs Higher Education." The Roles of Technology and Globalization in Educational Transformation, edited by Blessing F. Adeoye and Gladys Arome, IGI Global, 2020, pp. 52-64. https://doi.org/10.4018/978-1-5225-9746-9.ch005

APA

Bui, B. C. & Le, L. P. (2020). How Neoliberal Globalization Directs Higher Education. In B. Adeoye & G. Arome (Eds.), The Roles of Technology and Globalization in Educational Transformation (pp. 52-64). IGI Global. https://doi.org/10.4018/978-1-5225-9746-9.ch005

Chicago

Bui, Binh C., and Loan Phuong Thi Le. "How Neoliberal Globalization Directs Higher Education." In The Roles of Technology and Globalization in Educational Transformation, edited by Blessing F. Adeoye and Gladys Arome, 52-64. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-5225-9746-9.ch005

Export Reference

Mendeley
Favorite

Abstract

On the basis of the seminal paper presented at the International Conference on Taiwanese-Vietnamese Education in 2013, the authors further present how neoliberal globalization directs higher education. The purpose of the authors in this chapter is to critically analyze the complex interplay between neoliberal globalization and the employment prospects of graduates from universities and colleges. Revisiting the concept of relative advantage for division of labor, they delineated the neoliberal theory of globalization. Within this framework, they employed the Heckscher-Ohlin model and Stolper-Samuelson theorem to argue that if countries follow the relative advantage doctrine, the value of higher education will decrease in a developing country such as Vietnam. Neoliberal globalization therefore presents significant implications to the accumulation of human capital. If taking these implications seriously, individuals, higher education institutions, and policymakers can figure out better schemes to invest in higher education.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.