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an element of economic policy for the production of the requisite human capital in the so-
Globalization being the globalized phenomenon has affected all the international
stakeholders, nation-states and China is no exception. Since the 1980s, the accelerated
integration of China into the world economy has resulted to put pressure on policy
cultural domains including the higher education in order to meet the global market
have been key elements holding the cords of globalization. As it has been rightly put by
Martin Carnoy, ‘globalization enters the education sector on an ideological horse, and its
effects in education are largely a product of that financially driven, free-market ideology,
As a result, the higher education in China has been found to be moving towards
economic policy’ (Nguyen, 2007). This is because of the fact that market-driven
fundamentals of the higher education in China have been found to be creating more
neglecting the fact that positive results cannot necessarily be produced by the market
forces to establish local autonomy (Yang, 2003). However, only by determining and
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shaping local agendas inthe context of globalization keeping in view indigenous social
seen as a paradigm shift from ‘interventionist state model’ to the ‘accelerationist state
model’ that can be interpreted as pragmatic and instrumental strategies being adopted by
the state in order to strengthen its underlying capacity to deal with the persistent demands
for higher education rather than a genuine ideological shift from socialism to a
2005). Hence it is evident that globalization may have a dark side but if the way it
functions involving local and international entities side by side can essentially be
analyzed in context of internationalist discourses on one hand and the indigenous socio-
References
Carnoy, M. (2000). Sustaining the New Economy in the Information Age: Reflections on
our Changing World. University Park: The Pennsylvania State University Press.
Vietnam: Policies and Practices. Author. Available online at: http://www. ece.