Multinational Corporations and Their Impact on Educational Policies of a State

Abstract

The spread of the forces of globalization have significantly affected the modern world. Thus, in this article, I attempt to identify how globalization has negatively influenced development of tertiary or higher educational policies in underdeveloped countries. Using the case study of India, I observe that the liberalization of the Indian economy resulted in a large inflow of foreign direct investment which in turn influenced the emergence of a new higher education policy, in order to meet the manpower requirements of multinational corporations. Such a policy has increased social dissatisfaction within the society due to the dichotomy between the needs and wants of the citizens, resulting in growth of social conflict.