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How Global Capital is Remaking International Education: The Emergence of Transnational Education Corporations

Kim, Hyejin LU (2019) In SpringerBriefs in Education
Abstract
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... (More)
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. (Less)
Please use this url to cite or link to this publication:
author
publishing date
type
Book/Report
publication status
published
subject
in
SpringerBriefs in Education
pages
122 pages
publisher
Springer
ISSN
2211-1921
2211-193X
ISBN
‎9813296712
978-981-32-9672-5
DOI
10.1007/978-981-32-9672-5
language
English
LU publication?
no
id
9d7d2c7a-3be9-482a-bd2a-f647c9ad5f6c
date added to LUP
2024-12-10 09:55:24
date last changed
2025-04-04 14:55:08
@book{9d7d2c7a-3be9-482a-bd2a-f647c9ad5f6c,
  abstract     = {{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.<br/><br/>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.}},
  author       = {{Kim, Hyejin}},
  isbn         = {{‎9813296712}},
  issn         = {{2211-1921}},
  language     = {{eng}},
  month        = {{08}},
  publisher    = {{Springer}},
  series       = {{SpringerBriefs in Education}},
  title        = {{How Global Capital is Remaking International Education: The Emergence of Transnational Education Corporations}},
  url          = {{http://dx.doi.org/10.1007/978-981-32-9672-5}},
  doi          = {{10.1007/978-981-32-9672-5}},
  year         = {{2019}},
}