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NEO-LIBERALISM, PUBLIC MANAGERIALISM AND HIGHER EDUCATION IN THE ERA OF GLOBALIZATION
Abstract
The linear assumption among globalization, international competitiveness, human capital and higher education makes many countries to undertake the expansion of higher education. However, this mission is mainly reliant upon the private sector because neo-liberalism, a core philosophy of globalization, has become a predominant ideology viewing a free market as the best model to improve efficiency and ensure service quality. Its advocates argue that public services cannot meet the diversified needs of people and the monopoly of the public sector deteriorates efficiency. The rules of enterprises need to apply to public services in order to correct this institutional weakness so that public managerialism becomes a new creed to run higher education. While outcomes or organizational profit becomes a new focus, entrepreneurialism may generate negative impacts on higher education institutes. This essay set out to shed some light on this issue.
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