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MBA Review Magazine:
Concerns Over Commercialization
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The article discusses the impact of commercialization of higher education through General Agreement on Trade in Services (GATS) on its overall quality. As the issues concerning commercialization are crucial and complicated, each country needs to examine these from the perspective of merit, efficiency, ethics, nation-building, equity and national security.

 
 
 

Education gives the required skills, knowledge, reasoning and confidence to people. GATS is considered as a mechanism to provide freedom of education by remaining within the required barriers like accreditation restrictions, government monopolies, qualification restrictions, visa requirements, etc. Education is one of the least committed sectors. Out of 144, only 44 World Trade Organization (WTO) member-nations are committed to education and only 21 of these to higher education, namely: Australia, Czech Republic, Jamaica, Liechtenstein, Norway, Sierra Leone, Switzerland, Congo RP, European Union, Japan, Mexico, Panama, Slovak Republic, Trinidad and Tobago, Costa Rica, Hungary, Lesotho, New Zealand, Poland, Slovenia and Turkey.

There are five educational sectors: Primary education, Secondary education, Higher education, Adult education and Other education. Among these, the three most relevant tertiary educational categories

 
 
 

MBA Review Magazine, Concerns Over Commercialization, General Agreement on Trade in Services, GATS, World Trade Organization, WTO, Regular Education System, Foreign Direct Investment, FDI, Educational Sector, Indian Institute of Journalism and New Media, Communication Technology, Global Education Market, Mass Communication, Child Development, Economic Development.