Liberalization of Higher Education Services: Exploring the Prospects and Challenges Under the ‘Australia-Bangladesh Trade and Investment Framework Agreement’

Journal article


Islam, M. Rafiqul and Zaman, Khorsed. (2023). Liberalization of Higher Education Services: Exploring the Prospects and Challenges Under the ‘Australia-Bangladesh Trade and Investment Framework Agreement’. Global Trade and Customs Journal. 18(6), pp. 228-240. https://doi.org/10.54648/gtcj2023026
AuthorsIslam, M. Rafiqul and Zaman, Khorsed
Abstract

This article examines the potential opportunities and challenges for the liberalization of higher education services between Australia and Bangladesh under their recently concluded ‘Trade and Investment Framework Agreement (TIFA)’. Given their complementary economic imperatives, there is strong potential for growth in bilateral trade and investment in higher education services. Australia with its advanced higher education system would benefit from investments in higher education sector in Bangladesh. Bangladesh with its impressive growth performance would require educated, skilled, and knowledge-based workforce to sustain its ongoing economic development. It would benefit from the stock of human resources endowed with the high-quality education and training provided and supplied by the advanced higher education institutions and investors of Australia. This article prescribes ways of promoting and deepening their bilateral economic integration through investing in higher education services, identifies niche areas for additional opportunities, and highlights barriers to be overcome to derive and maximize mutual benefits. Education service is one of the least committed sectors under GATS. Economic growth-oriented bilateral liberalization of trade and investment in higher education services between Australia and Bangladesh is likely to have wider domino effect on others to follow, thus serving as a stepping-stone towards the progressive liberalization of multilateral trade in services under the World Trade Organization (WTO).

Keywordshigher education; trade in services; education services; liberalization; Australia; Bangladesh
Year2023
JournalGlobal Trade and Customs Journal
Journal citation18 (6), pp. 228-240
PublisherKluwer Law International
ISSN1875-6468
Digital Object Identifier (DOI)https://doi.org/10.54648/gtcj2023026
Scopus EID2-s2.0-85165109568
Page range228-240
Publisher's version
License
All rights reserved
File Access Level
Controlled
Output statusPublished
Publication dates
Online2023
Publication process dates
Deposited08 Nov 2023
Permalink -

https://acuresearchbank.acu.edu.au/item/8zy9z/liberalization-of-higher-education-services-exploring-the-prospects-and-challenges-under-the-australia-bangladesh-trade-and-investment-framework-agreement

Restricted files

Publisher's version

  • 17
    total views
  • 0
    total downloads
  • 1
    views this month
  • 0
    downloads this month
These values are for the period from 19th October 2020, when this repository was created.

Export as

Related outputs

Decolonising Human Rights Law in Global Health - the Impacts of Intellectual Property Law on Access to Essential Medicines : A Perspective from COVID-19 Pandemic
Zaman, Khorsed. (2024). Decolonising Human Rights Law in Global Health - the Impacts of Intellectual Property Law on Access to Essential Medicines : A Perspective from COVID-19 Pandemic. BMJ Global Health. pp. 1-18. https://doi.org/10.1017/S2044251323000747
Incorporating an investment facilitation agreement within the WTO : A policy response belying its relevance to the WTO and its majority developing\LDC members
Islam, M. Rafiqul and Zaman, Khorsed. (2023). Incorporating an investment facilitation agreement within the WTO : A policy response belying its relevance to the WTO and its majority developing\LDC members. International Trade and Business Law Review. pp. 1-32.
The waiver of certain intellectual property rights provisions of the trips for the prevention, containment and treatment of COVID-19 : A review of the proposal under WTO jurisprudence
Zaman, Khorsed. (2022). The waiver of certain intellectual property rights provisions of the trips for the prevention, containment and treatment of COVID-19 : A review of the proposal under WTO jurisprudence. European Journal of Risk Regulation. 13(2), pp. 295-310. https://doi.org/10.1017/err.2021.60
Australia-China dispute over barley trade at the WTO : Challenges ahead and possible outcomes for Australia
Islam, M. Rafiqul and Khorseduzzaman, Khorsed. (2022). Australia-China dispute over barley trade at the WTO : Challenges ahead and possible outcomes for Australia. Global Trade and Customs Journal. 17(1), pp. 25-35. https://doi.org/10.54648/gtcj2022004
Minimising the International Investment Tribunal’s expansive treaty interpretation : Is ‘renegotiation’ of investment treaties a better strategy for host developing countries?
Zaman, Khorsed and Islam, M. Rafiqul. (2022). Minimising the International Investment Tribunal’s expansive treaty interpretation : Is ‘renegotiation’ of investment treaties a better strategy for host developing countries? International Trade and Business Law Review. 23, pp. 3-44.
An appraisal of “farmers’ rights” under the New Plant Variety Protection Act of Bangladesh : Is it a success story?
Zaman, Khorsed. (2021). An appraisal of “farmers’ rights” under the New Plant Variety Protection Act of Bangladesh : Is it a success story? European Intellectual Property Review. 43(3), pp. 194-202.
The proposal to the WTO for a new patent waiver on Covid-19 vaccines and pharmaceuticals : Is It necessary under TRIPS?
Khorseduzzaman, MD and Islam, M Rafiqul. (2021). The proposal to the WTO for a new patent waiver on Covid-19 vaccines and pharmaceuticals : Is It necessary under TRIPS? European Intellectual Property Review. 43(10), pp. 645-653.
Protection of intellectual property rights for agricultural innovations : Evaluating Bangladesh’s progression towards the international plant variety protection regime
Zaman, Khorsed. (2021). Protection of intellectual property rights for agricultural innovations : Evaluating Bangladesh’s progression towards the international plant variety protection regime. Journal of Intellectual Property Law and Practice. 16(7), pp. 677-691. https://doi.org/10.1093/jiplp/jpaa213
Blocking the trade in Mode 4 services and its impacts on the ongoing refugee crisis and migrant trafficking
Zaman, Khorsed. (2016). Blocking the trade in Mode 4 services and its impacts on the ongoing refugee crisis and migrant trafficking. Manchester Journal of International Economic Law. 13(3), pp. 389-406.
Deadly Migrant Trafficking Trade by Sea and Restrictive Service Trade by the WTO : Unmasking the Linkage for the Liberalization of Labour-Intensive Service Trade
Islam, M Rafiqul and Khorseduzzaman, MD. (2015). Deadly Migrant Trafficking Trade by Sea and Restrictive Service Trade by the WTO : Unmasking the Linkage for the Liberalization of Labour-Intensive Service Trade. Journal of International Trade Law and Policy. 14(2), pp. 86-104. https://doi.org/10.1108/JITLP-08-2015-0022
The TRIPS Patent Protection Provisions andTheir Effects on Transferring Climate ChangeTechnologies to LDCs and Poor DevelopingCountries : A Critical Appraisal
Khorseduzzaman, MD. (2013). The TRIPS Patent Protection Provisions andTheir Effects on Transferring Climate ChangeTechnologies to LDCs and Poor DevelopingCountries : A Critical Appraisal. Asian Journal of International Law. 3(1), pp. 137-161. https://doi.org/10.1017/S2044251312000185
Determining a "Reasonable" Implementation Timeline for Developing Countries in WTO Disputes : An Appraisal of Special Treatment Commitments in DSU Article 21.3 (C) Arbitrations
Khorseduzzaman, MD. (2013). Determining a "Reasonable" Implementation Timeline for Developing Countries in WTO Disputes : An Appraisal of Special Treatment Commitments in DSU Article 21.3 (C) Arbitrations. The Law and Practice of International Courts and Tribunals: a practitioners' journal. 12(1), pp. 31-47. https://doi.org/10.1163/15718034-12341243
Looming global warming-induced sea rise and transfer of green technology to the least-developed countries : challenges and options for submersible Bangladesh
Islam, M. Rafiqul and Khorseduzzaman, MD. (2010). Looming global warming-induced sea rise and transfer of green technology to the least-developed countries : challenges and options for submersible Bangladesh. European Intellectual Property Review. 32(12), pp. 643-652. https://doi.org/10.3316/agispt.20230805092694
Market Access for LDCs under the Hong Kong Ministerial of the WTO : Outcomes for Bangladesh
Islam, M Rafiqul and Khorseduzzaman, MD. (2006). Market Access for LDCs under the Hong Kong Ministerial of the WTO : Outcomes for Bangladesh. Journal of World Investment and Trade. 7(3), pp. 383-406. https://doi.org/10.1163/221190006X00234