Advertisement

How Global Capital is Remaking International Education

The Emergence of Transnational Education Corporations

  • Hyejin Kim
Book

Part of the SpringerBriefs in Education book series (BRIEFSEDUCAT)

About this book

Introduction

This book offers a first look at transnational education corporations, new firms that operate international schools. The quiet rise of transnational education corporations – or TECs – has implications for education systems around the globe, as corporate interests gain a greater stake in the way schools operate. The story of their ascendance links government policies in one corner of the world with profound effects in others.

In the past decade, TECs have burst onto the international schooling scene. Private firms, publicly listed firms, and private equity groups have transformed international education into an industry valued at over USD 30 billion. Nowhere has the impact been stronger and more sudden than in Asia. The top three international education firms with a presence in Asia run more than 20 schools in East and Southeast Asia with another six in India. Each educates tens of thousands of students around the globe and has an annual revenue of over USD 300 million. TECs offer a window onto the creation of new markets and the complex positions of governments in regulating social affairs. This book helps readers to understand who these firms are, what they do and how they have grown.

Keywords

international education education firms for-profit education schools in Asia globalization of education education policy transnational education global governance of education Privately-financed education neoliberalism and education

Authors and affiliations

  • Hyejin Kim
    • 1
  1. 1.Faculty of Arts and Social SciencesNational University of SingaporeSingaporeSingapore

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-32-9672-5
  • Copyright Information The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd., part of Springer Nature 2019
  • Publisher Name Springer, Singapore
  • eBook Packages Education Education (R0)
  • Print ISBN 978-981-32-9671-8
  • Online ISBN 978-981-32-9672-5
  • Series Print ISSN 2211-1921
  • Series Online ISSN 2211-193X
  • Buy this book on publisher's site