Neoliberalism and Education

Wikipedia has a number of entries on the concept of neoliberalism.

http://en.wikipedia.org/wiki/Neoliberalism

Typically, Neoliberalism refers to a political-economic philosophy that
de-emphasizes or rejects government intervention in the domestic economy. It
focuses on free-market methods, fewer restrictions on business operations, and property rights. In foreign policy, neoliberalism favors the opening of foreign markets by political means, using economic pressure, diplomacy, and/or military intervention. Opening of markets refers to free trade and an
international division of labor. Neoliberalism generally favors multilateral political pressure, through managed-trade cartels such as the WTO and World Bank. It promotes reducing the role of national governments to a minimum. Neoliberalism favours the trickle-down theory over social programs, and measures success in overall economic gain. To improve corporate efficiency, it strives to reject or mitigate labour policies such as minimum wage, and collective bargaining rights. It opposes social democracy and socialism, protectionism, and environmentalism in
foreign markets. Domestically, it doesn't oppose protectionism in principle, but
rather uses it as a bargaining chip to induce foreign countries to open up.
Neoliberalism is often at odds with fair trade and other movements that argue that labor rights and social justice should have a greater priority in international relations and economics.

It seems that globalization and neoliberalism are often mentioned in connection with international educational development.