There is a growing tendency among poor nations to allow foreign universities to provide education by establishing the latter’s own academic institutions inside the country. This development is both advantageous and disadvantageous.

• Try to find out whether its advantages can outweigh its disadvantages.

Foreign Direct Investment (FDI) is increasingly being promoted by poor nations. As a result, many foreign universities are allowed to provide education directly to the growing economies. This is both advantageous and disadvantageous.

Let me identify the major advantages. The first thing is that it makes global education infrastructure local. As a result, people of developing economies can access world-class education without much effort. Secondly, the presence of foreign universities may encourage competition and, thereby, national universities will also go higher in quality standards. And thirdly, overseas education service providers in a nation gives a little fillip to overall academic infrastructure. This may ensure better Supply Chain Management (SCM) in education.

Moving on to the seamy side of this development, there are quiet a few things. The primary problem is that these universities are not going to provide education in the grassroots levels. This is followed by another pitfall that these education providers invest hugely and they expect great returns. Naturally, the fee structure will be unaffordable to the majority. Obviously, the democratic nature of education will get undermined.

Besides all these, there is yet another danger of over concentration on specialization in education. This makes the elites of developing nations reap the benefits leading to two types of educated workforce. And finally, to cap it all, there is a danger of manpower loss as well. People with the extra edge of foreign university education may go for greener pastures outside their nations. This is a national loss in many counts.

In short, allowing foreign universities to operate in developing nations is good to some extent. However, the above findings are enough to prove that its advantages in no way outweigh its disadvantages. There is great imbalance.

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