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The Brave New World of International Education

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  • Anil Hira

Abstract

An emerging international market for education is exploding through the confluence of both new demand and supply factors. The demand factors include important and reciprocal demographic changes in both the developed and the developing world, and a new emphasis on improving ‘human capital’ as a source of national competitiveness and equity. The supply factors include the adoption of new competitive trading strategies by countries competing for students with the United States; changes in the need for ‘lifelong learning’ and the information technology revolution. This article analyses these dynamic factors and discusses remaining bottlenecks to the expansion of international trade in education. The article concludes by laying out some of the implications for the future of the national and international education markets.

Suggested Citation

  • Anil Hira, 2003. "The Brave New World of International Education," The World Economy, Wiley Blackwell, vol. 26(6), pages 911-931, June.
    • Handle: RePEc:bla:worlde:v:26:y:2003:i:6:p:911-931
    DOI: 10.1111/1467-9701.00554
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    Cited by:

    1. Ça?lar Özden & Maurice Schiff, 2006. "International Migration, Remittances, and the Brain Drain," World Bank Publications - Books, The World Bank Group, number 6929.
    2. Chellaraj, Gnanaraj & Maskus, Keith E. & Mattoo, Aaditya, 2005. "The contribution of skilled immigration and international graduate students to U.S. innovation," Policy Research Working Paper Series 3588, The World Bank.
    3. Gnanaraj Chellaraj & Keith E. Maskus & Aaditya Mattoo, 2008. "The Contribution of International Graduate Students to US Innovation," Review of International Economics, Wiley Blackwell, vol. 16(3), pages 444-462, August.
    4. Wen Wen & Yan Luo & Die Hu, 2014. "Bridging the Gap between Western and Chinese Evidence in the International Education Market," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 22(6), pages 87-102, November.

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