Abstract
Sri Lanka Journal of Social Sciences (SLJSS) publishes social science articles on topics relevant to Sri Lanka in particular and South Asia in general. The journal also has a website at http://www.nsf.gov.lk/.
Highlights
The environment in which higher education, and for that matter, all education, operates is experiencing rapid change
The emergence of a knowledgeeconomy, skills demand, market forces which go hand in hand with globalization, technology which has facilitated and expedited globalization and the creation of a knowledge economy, are potent forces leading to change. Together these powerful forces have according to Friedman (2005) flattened our world, leveling the playing field for the participation of billions of people once excluded from the industrial economy
India recognizes that the current 09% enrolment in the 17-23 age cohort should be increased at least 20% if she is to compete with advanced economies
Summary
The environment in which higher education, and for that matter, all education, operates is experiencing rapid change. The emergence of a knowledgeeconomy, skills demand, market forces which go hand in hand with globalization, technology which has facilitated and expedited globalization and the creation of a knowledge economy, are potent forces leading to change. Over the decade the percentage of population over 60 will grow from 30 to 40% in many of these countries Such ageing populations have serious implications for workforce development, as the ageing populations tend to shift public priorities from investment in the future, notably in education to the needs of the elderly – retirement security, health care etc. Migration is another aspect of demographic change in several countries. Nation states are able to move away from a government funded education system to a more market driven situation where the opportunities
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