International Science Community Association Research Journal of Recent Sciences 2277 - 2502 5 12 2016 12 2 Globalization and its Impact on Education 26 30 EN Kurre Rahul Dev 1 Dept. of SWE, SVCAET & RS, FAE, IGKV, Raipur, CG, India Pali A.K. 2 Dept. of SWE, SVCAET & RS, FAE, IGKV, Raipur, CG, India Tripathi M.P. 3 Dept. of SWE, SVCAET & RS, FAE, IGKV, Raipur, CG, India R.B. Mukhtar 1 Kebbi State University of Science and Technology, Aliero, Kebbi State, Nigeria Elhassan Haitham M. 1 Sudan Academy of Sciences and Radiation Protection and Nuclear Security Unit, Sudan Customs, Ministry of Interior, Khartoum, Sudan Ahamed Mustafa M.O. 2 Sudan Atomic Energy Commission Salih Isam 3 Sudan Atomic Energy Commission Idriss Hajo 4 Sudan Atomic Energy Commission N. Bajpai 1 Department of Zoology, Govt Degree College, Kaushambi, UP, India Ansari Anjum 1 UIT, BU, Bhopal- 462026, MP, India Pal Prasenjit 1 Rabindra Bharati University, Kolkata, India Bhattacharya Jonaki 2 Rabindra Bharati University, Kolkata, India > Review Paper 2016 10 13 2016 12 2 The economic basis of education rests upon the idea of education as goods and services and education as investment. In the advent of globalization the economic basis of education has changed. With the introduction of open economy, international trade in goods and services and the cross border capital movement the relationship between education and economic development has also changed. This review paper has elaborated the change in education as a result of globalization. Copyright@ International Science Community Association