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09/05/2010

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Higher education and technology advancement,both are main pillars of a country's development process.I totally agree with all the research and thoughts of the writer.

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Tiffany

I completely agree with this post. Become a more advanced country does not completely depend on what your exports or how your economic improves in general. Education is something that will bring a country to the next level because it helps prepare the leaders of the future.

blake

Seems to me that a lot of the benefits of higher education could be more quickly and cheaply spoofed with smart phones and the internet. My cell phone lets me watch ivy league lectures, and while it's no substitute for the actual experience, it seems to me the closest most third world children are likely to get. I expect advances in teaching software will only increase phones effectiveness. With wireless and a smart phone a farmer in Africa can google his problems just like I do I'd imagine. And you can provide hundreds of people internet and communications access for the price of sending one child to the west to be educated in a top ranked school.

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I agree with the post.Education is ever ending thing and developed nations does not mean that education should no longer needed.Each day there is a new thing to face and education is the thing which give way to solve it.

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Well, undeveloped countries lack capitals besides technologies. The national policy needs to focus on certain niche first, concentrate the capital then start from there.

Jack Fulfilment

I see that poorer countries give at first cheap peoople to work. In this countries is a high technology, but not technology from this country. Riches country produce goods in poorer countries. I see in my country, there is a lot of people high educated, but they are usualy go work to other "high" countries.

n

I agree with writer but we should consider unemployment in developing countries .Becuase they dont have job opportunity , over expectation in these countries can cause many problems . and I want to state that I agree with high education of the highest quality

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Thank you for the Post. This seems to have as its starting point, absolute advantage - the conclusion might be somewhat different if comparative advantage were the tools used as first principles.

Tariq Scherer

I note that the summary paragraph ends with: "To conclude, the main message of my comments is that in order for poorer countries to continue to grow at fast rates, they must move beyond specialization in goods produced with relatively unskilled labor" and I can not help but agree with the intent and meaning of the sentence.

However, I am surprised that the very act of 'specialization' in the production process is not recognised as being the essential ingredient forward that enables demand for higher education, increased skill sets, higher management, scientific, cultural and business skills leading to enhanced productivity, and in turn, capital accumulation.

It appears to me that these core skills, gained at a micro level, and incentivised by the increased trade gained from this knowledge is not only a strong driver to economic growth, but also a sustainable and competitive driver: ie one that produces a net gain for all parties. Furthermore, this specialisation becomes a natural conduit through which to drive and value increased education.

My only concern is that we may put the carriage before the horse when calling for increased education as a core supply driver of the economy. Without the adequate depth in demand, such education risks being diverted towards less than productive means, which in turn can then damage the sustainable growth of a country.

I don't want to press too hard on this aspect as, of course, education appears in and of itself a moral goal, for developed as much as less developed countries. However, education within an economic setting still needs grounds over which it can grow and, given such a requirement, core economic specialization then provides the fertile soil for the future educated aspirers.

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e that a lot of the benefits of higher education could be more quickly and cheaply spoofed with smart phones and the internet. My cell phone lets me watch ivy league lectures, and while it's no substitute for the actual experience, it seems to me the closest most third world children are seolikely to get. I expect advances in teaching software will only increase phones effectiveness. With wireless and a smart phone a farmer in Africa can google his problems just like I do I'd imagine. And you can provide hundreds of people internet and communications access for the price of sending one child to the west to be educated in a top ranked school.

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My cell phone lets me watch ivy league lectures, and while it's no substitute for the actual experience, it seems to me the closest most third world children are seolikely to get. I expect advances in teaching software will only increase phones effectiveness. With wireless and a smart phone a farmer in Africa can google his problems just like I do I'd imagine.
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http://www.businessweek.com/magazine/content/10_37/b4194008546907.htm

6.3 million unemployed or under employed did not go well with the theory.

The advancement comes with strong policy of gov (industrial and technology) and access to cheap labour. It has been proven by history and current situation alike, Egyptian, Roman, Greek, US (slave), Singapore (India, Malay, etc), Japan, etc.

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Peterman7

My only problem with this is that the American economy is a key factor in world wide growth. I understand the need for smaller nations to grow and provide quality goods, but it begins with larger nations doing the right things for their people. Investing in their own people and infrastructure provides continual growth, resulting in growth world wide.

http://economicrebirth.blogspot.com/

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Changes in technology have historically affected employment because some tasks are done more accurately and easily than people can do them.People have to exercise more flexibility in their work lives as well as becoming life long learners.
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With wireless and a smart phone a farmer in Africa can google his problems just like I do I'd imagine. And you can provide hundreds of people internet and communications access for the price of sending one child to the west to be educated in a top ranked school.

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technology and discoveries will always have an impact on human mankind. 1000 years ago as much as today.

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Let's hope that the economy will pick up with lesser unemployment rates.

Bill

The truth is that not all people possess the intelligence to significantly benefit from education, and that traditional countries are collections of people who evolved in similar environments. This is a very uncomfortable subject for some.

But from my observations in the workplace, ‘Skill’ seems to be much more closely correlated with ‘Innate Intelligence’ than ‘Education’.

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