Higher Education for Economic Progress in a Global Framework with Special Reference to Bangladesh

Abstract

Globally education is the important factor to access in the market driven force which changes economic benefits. Higher education is adding value in the process of economic advancement of a country. The study raised the question to examine the impact of higher education of Bangladesh in the process of raising economic productivity. This study also assesses the standard of higher education of Bangladesh and further evaluates impact of higher education on economic productivity of the country. An opinion poll was conducted. The study recommends that quality of education should be maintained and more investment in the higher education ought to be provided from the budgetary allocation. Bangladesh needs global education which should have international benchmark so that society can improve in efficient and effective manner. If return on invested capital in education becomes efficient and effective for adding value and creating corner stone which ultimately helps to attain competitive advantage. To ensure quality education, pedagogy should be designed in such a way that fulfillment of global as well as domestic needs are possible following the standard curricula with practical exposure and outcome based teaching and learning system