Human Resource Management
Synopsis
Unless policymakers take a more all-round view of education, they risk sending their countries down the wrong path. Over the past decade, educational change in most countries has been driven by one imperative: survival in the global economy. This process has been particularly salient in the Asia-Pacific region following the drastic shock of the 1997 economic downturn. But in the current reform process, marked by speeding commercialisation and economic preoccupations, other educational missions are being ignored, and countries risk paying a high price for their shortsightedness. There’s no denying that economic considerations are critical in todays’s world. Students have to acquire the knowledge and skills to survive and compete in the global economy, especially one which more than ever before prizes human capital. A high-quality labour force gives nations a cutting edge in global competition. Understandably, stressing economic returns in the current educational debate attracts private resources. But education has other functions that are the indispensable corollary of more balanced, equitable development. They deserve to be briefly explained.
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