Globalization and technological change processes that have accelerated in tandem over the past years have created a new global economy ―Powered by technology, fueled by information and driven by knowledge. The emergence of this new global economy has serious implications for the nature and purpose of educational institutions. As you know the half life of information continues to shrink and access to information continues to grow exponentially, schools can not remain mere venues for the transmission of a prescribed set of information from teacher to student over a fixed period of time.
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