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Global knowledge economy

If Sri Lanka is to join the knowledge economy, it needs to improve its education, training and skills

Nisha Arunatilake's picture
With innovation taking a central role in driving markets, countries are increasingly looking to invest in innovation and technological change to be competitive and improve productivity. Innovation is driven by talent and creativity. But the demand for highly skilled workers, especially workers in the science and technology fields are increasing globally.

A ‘Skilled’ Approach to Development

Ariel Fiszbein's picture

These days, there is a lot of talk about skills and their importance for a country’s development. Not too long ago the Indian Prime Minister Manmohan Singh called skills and knowledge “the driving forces of economic growth and social development in any country.” Last week, President Obama in his State of the Union address mentioned, once again, the critical importance of upgrading workers skills as part of his call for ‘An America Built to Last’.

Indian Minister Unveils $35 Tablet at the World Bank

Last month the World Bank hosted Mr.Kapil Sibal, India’s Minister of Human Resources and Development. Sibal spoke to a packed audience about India’s contributions to the global knowledge economy and discussed some of his widely publicized education reforms and plans for the Indian education system. The highlight of the event was Sibal’s display of the $35 tablet PC which he hoped to launch soon as a technology aide to help bridge quality gaps in secondary education. The event was chaired by Tamar Manuelyan Atinc, Vice President of the Human Development Network, and moderated by Mr. Michal Rutkowski, Sector Director for Human Development in the South Asia Region.

Read the full blog post on the World Bank's "End Poverty in South Asia" blog.