| Summary: | Globalization is a widely used term which has acquired several meanings varying in theirdegree of precision, among intellectuals, media, multilateral lending agencies, business community,environmentalists, economists, traders, educationalists and others. Globalization is very closelyconnected with the concepts of liberalization, privatization, free markets, centrality of productivity,cultural pluralism transnationalism, informatisation and so on. Education in general and teachereducation in particular occupies a significant role in the modern context of the global society. Everycountry develops its system of education to express and promote its unique socio-cultural identity andalso to meet the challenges of the time. Globalization has replaced the intrinsic value of teachereducation with an instrumental value. Consequently education is identified as a salable commodityand non-salable knowledge is sealed down in the global perspective. The rapid global expansion ofknowledge demands an over--all re-organization of education, especially a. basic change in theperspective and process of teacher education.
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