This article comes in three parts. Part 1 reviews a few pertinent facts about the stunning economic events that have occurred in the United States (and elsewhere) since 2007. The author chose these particular facts from among many for their relevance to the rest of the article. The next two parts take up, first, some of the key lessons that…

This paper analyses the relation between power and politics under the conditions of economic globalisation and transnational policy-making in education. The paper argues that power lies not only with the producers of the dominant educational discourse nor simply with the very discourse which is circulated and reproduced in national legislations,…

The growing global competition in which knowledge is a prime factor for economic growth is increasingly shaping policies and setting the agenda for the future of European higher education. With its aim to become the world's leading knowledge economy, the European Union is concerned about its performance in the knowledge sector, in particular in…

Accelerating threats to a sustainable relationship between economic growth and the capacity of the global social-ecological system to support it require that the implications of competitiveness be reassessed. Today, the capacities that underlie economic competitiveness must also be brought to bear on policy and pedagogy to prepare the coming…

Local, state, and national economies are facing unprecedented levels of international competition. The current fiscal crisis has hampered the ability of many governments in the developed world to directly facilitate economic growth. At the same time, many governments in the developing world are investing significant new resources into local…

Canada weathered the global economic crisis well, mainly reflecting sustained growth in domestic pending, and the economy is continuing to grow despite the persistence of international turbulence, most recently stemming from the euro zone sovereign debt crisis. In Canada's case, several factors are acting in its favour. Federal fiscal plans are…

A question that currently confronts economic policy practitioners is how to promote local economic growth in regions, cities and places, in a neo-liberal political climate under conditions of intensifying global competition. This paper argues that we need to understand the workings of our local economies--the processes that shape, mould and drive…

The dominant view today is of a global knowledge-based economy, driven by the application of new technologies, accelerating the shift to high-skilled, high-waged European economies. This view is reflected in the expansion of higher education and the key role of higher education in national and European economic policy. The Lisbon agenda seeks to…

Competitiveness is viewed as an umbrella for such concerns as trade and budget deficits, savings and investment rates, real wage growth, productivity growth, and retraining of dislocated workers. The main reason for interest in competitiveness in the United States now, it is suggested, is the recent massive U.S. trade deficit. The view is stressed…

This book serves as a "playbook" to help business leaders and educators understand, build, and adapt to the changes converging upon them from an emerging information-rich global economy. The book uses football as a metaphor to understand the obstacles to becoming successful in today's changing economy. This football metaphoric theme is…

What contribution can information technology (IT) make to India's overall economic development? This paper provides an analytical framework centred around the concepts of comparative advantage, complementarities, and innovation. There is strong evidence that India has a strong and sustainable comparative advantage in software development and…

Ontario's economic productivity, competitiveness and growth in the 21st century depend on investments in three critical areas: highly qualified people, ideas (research and development), and the adoption and diffusion of new technologies. Compared to many other jurisdictions, Ontario is underutilizing its college system's potential to contribute to…