Abstract
The increasing number and influence of global trade agreements is evidence that education has not been commodified in one fell swoop, but progressively over many years. Nevertheless, it is possible to identify several significant milestones on the road to commodification. In 1944, finance ministers met in Bretton Woods, USA, for the United Nations Financial and Economic Conference. Within two years, the International Bank for Reconstruction and Development (the ‘World Bank’) and the International Monetary Fund (IMF) had been established. Today, the latter operates through ‘Structural Adjustment Programmes’ — economic advice packages put together by IMF advisors — which typically impose public sector cost-cutting measures on governments through the privatisation of expensive public services and which critics suggest causes problems because it creates systems copied from outside in countries facing financial difficulty without proper acknowledgement of local traditions.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Copyright information
© 2007 Anthony Kelly
About this chapter
Cite this chapter
Kelly, A. (2007). School Choice and Marketisation. In: School Choice and Student Well-Being. Palgrave Macmillan, London. https://doi.org/10.1057/9780230590281_4
Download citation
DOI: https://doi.org/10.1057/9780230590281_4
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-36170-0
Online ISBN: 978-0-230-59028-1
eBook Packages: Palgrave Social & Cultural Studies CollectionSocial Sciences (R0)