An Analysis of Education Globalization and the Chinese Education Trade Imbalance: An International Student Flow and Service Trade Perspective

Globalization is an irreversible trend in economics. This paper hypothesizes that the highly segmented education market has also followed this trend and has started fast globalization, signaled by the increasing international student flow worldwide. Factors that facilitate this education globalizati...

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Bibliographic Details
Published in:The international journal of interdisciplinary global studies 2013, Vol.7 (1), p.23-37
Main Authors: Cao, Dejun, Zhang, John, Zuo, Shixiang
Format: Article
Language:English
Subjects:
Education
Globalization
International trade
Online Access:Get full text
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Summary:Globalization is an irreversible trend in economics. This paper hypothesizes that the highly segmented education market has also followed this trend and has started fast globalization, signaled by the increasing international student flow worldwide. Factors that facilitate this education globalization are analyzed. Retrospective data on student inflow to and outflow from China are studied from the service trade perspective. The interesting phenomenon of the inverse education service trade imbalance in China is outlined. Remediating measures based on the core competence theory for this imbalance are proposed. Outward looking projections are also presented.
ISSN:2324-755X
2324-7568
DOI:10.18848/2324-755X/CGP/v07i01/53389