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EDU401 Assignment Spring 2019 Solution & Discussion Due Date: August 2019

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Question no 1 solution

Privatisation is a process, which can be defined as the 'transfer of assets, management, functions or responsibilities [relating to education] previously owned or carried out by the state to private actors'.

Private actors may include companies, religious institutions, or non-governmental organisations. There are many different ways in which privatisation can occur, through for example, the development of public private partnerships. Additionally, the unmonitored and unregulated expansion of private sector provision of education, such as for profit schools or low fee private schools, may have a privatising effect if students have no other choice of school.

The most important task in present scenario is to impart better and quality education. Children are the nation builder of future and to carve them as good citizen we need to provide them with proper education so that they can become pillar of the nation's growth. In this aspect, we had wonderful discussion on the above topic. Here are some important points, which should be taken into consideration while framing the policy.

Privatization in education has increased the opportunities by increasing the scope of admissions in all levels of education. Due to ownership, level of quality increased in few set-ups to great extent however, this is not true with all private organizations. Most Private institutions are meant for financially strong strata of the society and the poor children are bound to go to government schools. This has widened the gap between the poor and the rich.

Most of the parents of children enrolled in government schools are poor and illiterate. Therefore, there is no one to assist them at home. Government mechanism is utterly failing in this aspect. Lot of facilities have been provided nowadays to public system but no proper strategies to utilize and maintain it. Due to this, it is turning to be great failure. Privatization has no doubt increased the quantity of schools but quality is yet to be enhanced.

Though the job opportunities have increased but salary has decreased. Job security and satisfaction have lost. There seems no freedom for innovations in teaching as the private schools have their own set rules, methods, which teachers have to follow. Very less chances of upward mobility. Many times, one has to obey the management where most of the members who are not qualified to fit into that position. In this system, buttering has become important.

In simple terms, privatization of education refers to the state's policy of allowing educational institutions, both higher and lower, to be run by non-state or private parties for monetary benefits. ... Education had been recognised as public good in traditional societies for a long period of time.

Disadvantages.

The disadvantages of privatization are decreased regulation and government revenue. Institutions not owned by the government do not directly deliver the government revenue, and these institutions also have more freedom to pursue their own interests, which may negatively affect consumers, without government control

Question no 2.

globalization and liberalization. Privatizationis the transfer of. control of ownership of economic resources from the public sector. to the private sector. It means a decline in the role of the public.

 

liberalisation increases the foreign investment thus increases the foreign reserve which would be helpful for imports of important goods. It increases the efficiency of private firms due to increased competition. It increases the economic growth rate.

Improved efficiency. The main argument for privatisation is that private companies have a profit incentive to cut costs and be more efficient. ...

Lack of political interference. ...

Short term view. ...

Shareholders. ...

Increased competition. ...

Government will raise revenue from the sale.

Globalization is the process of increased interconnectedness among countries. The prosperous economic development that is typically gained because of the increased interconnectedness among countries usually results in a better standard of living, and an overall improved quality of life. The successful economic development of a nation hinges on its ability to globalize. Given that the international integration of national economies has such a profound effect, globalization plays a central role in determining the future of the world. This paper attempts to explain what role globalization has played and its overall impact on economic development

EDU401 Assignment Solution Spring 2019 August

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EDU401 Assignment Solution Spring 2019 August

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