Education and the post - Washington consensus : The triumph of human capital Pauline

Education is receiving ever-increasing priority in the post-Washington consensus era, which views education as both a means to and end of development. Despite the broader objectives of the post-Washington consensus, justification for the attention given to education continues to be centrally focused on the notion of human capital which considers education primarily in relation to its role in promoting economic growth. By consequence, marketisation and privatisation of education are becoming increasingly significant. With the World Bank and WTO joining forces to create a vision for a ‘global education industry’, emphasis is being placed on free trade in educational goods and services. The paper examines critically the implications of this global education agenda for developing countries. P. Rose – Education and the post-Washington consensus. Draft