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Globalisation and the Primacy of Economics

  • John WalshEmail author
Chapter

Abstract

The repositioning of higher education as a key driver of knowledge based economic development intensified in the early twenty-first century, informed by globalisation, international competition and ultimately economic crisis. The most notable policy changes prioritised more intensive engagement by HEIs with industry and deployment of market mechanisms on a large scale for the first time to achieve national objectives. The contemporary period saw the adoption by Irish political elites, executive agencies and even institutional leaders of a dominant paradigm marked by managerialism, commercialisation and rationalisation, which demanded internal reform within HEIs and ultimately external reconfiguration to create a more globally competitive higher education sector. Following the economic crash in 2007–2008, the primacy of knowledge based economic imperatives sidelined almost all other considerations in an era of renewed austerity.

Copyright information

© The Author(s) 2018

Authors and Affiliations

  1. 1.Cultures Academic Values and Education Research Centre, School of EducationTrinity College DublinDublinIreland

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