|Manothip met her first customers at an entrepreneurship fair for young people in Laos.|
How does one turn a creative idea into a profitable business? In my case, it started with a bag.
Cũng có ở Tiếng việt
Last month, we asked you for your views about whether Vietnam’s workforce is ready for the future, "from rice to robots". Developing a skilled workforce for an industrialized economy by 2020 is one of the stated top priorities of Vietnam, now that it has joined the ranks of middle-income countries. Not surprisingly, education reform was on the minds of members of the Central Committee of the Communist Party during a recent meeting. However, education is also hotly debated by Vietnam’s citizens as seen and heard in an online discussion on human resource development, organized by the World Bank and VietNamNet, a local online newspaper, and by readers of our blog.
Cũng có ở Tiếng việt
As a member of the WTO since 2007 and located in the middle of fast-growing East Asia, Vietnam has earned a reputation as a smart place to invest. Its people are a major asset in attracting foreign investors: Vietnam can boast of its comparatively low wages and a large, young and hard-working labor force. Despite Vietnam’s success so far, it remains to be seen whether its workforce is ready for the next phase in the country’s development – to carry forward the transition from a largely agrarian to an industrialized economy. Are Vietnam’s workers ready to move from low to high tech production? From rice to robots?
(Last week, I posted: “Wanted: Jobs and your questions about how to find them” on this blog. We received dozens of questions back through social media. Lars Sondergaard, a World Bank expert on education, answered some of them in a video and now he gets to a few more here. He throws out some questions of his own and would love to hear back from you. — Anne Elicaño)
Anonymous asked through the blog: “I was wondering about job outlook for chemical and mechanical engineers in the future”
If you are just about to graduate as an engineer and worry whether you will be able to find a job, I have some good news: in most countries, too few students study engineering relative to the jobs available with the results that engineering graduates tend to have an easier time finding employment than their peers. A lot is written about this vibrant demand, check out this article in Forbes about the demand for engineers (or the World Bank’s “Putting Higher Education to Work: Skills and Research for Growth”)
Earlier this week I asked you to send us your questions about the link between jobs and skills --which should I acquire to make it in the current job environment? Thanks for all the replies --there were so many and so interesting that Lars Sondergaard, our expert, will address in a separate blog post next week the ones that couldn't make it into the video interview. Stay tuned!
|Lars Sondergaard will answer 5 of your questions in a video|
Use social media to ask the World Bank about the type of skills and education that are needed in today’s global economy.
The global economic recession has made the search for a good, stable job even more significant. In Asia, where I’m from, jobs have always been foremost in young people’s minds because of the harsh conditions brought about by social and economic inequality or, if you’re not from a developing country, the previous generations’ memory of it. We don’t have an equivalent to a “gap year” to take time out between the life stages of high school and university to travel.
What can make a person more employable? Policymakers say that having the right skills and good education largely have something to do with that. It’s not just about being able to go to school. In Thailand and some other countries, schools are linking with companies so that students can enhance the skills their future employers needs. A World Bank report, Putting Higher Education to Work: Skills and Research for Growth, also recommends investing more in research and scholarships, prioritizing underfunded but important subjects like engineering and sciences, and improving the management of public universities.
Have your say
Do you have a question about the effect of the recession on joblessness in your region? Or the type of skills most needed by the market?
We’re asking an expert on education, Lars Sondergaard, to take questions in a video interview that we’ll post at the end of this week.
Here’s how to get involved:
So what are you waiting for? Ask now and share with your friends!
Timor-Leste has one of the youngest populations in the world, with more than three quarters under 30. Opening pathways for young people – allowing them to get an education, find employment and engage in public life – will be critical for building lasting peace and development.
|Umbrella factory in Chiang Mai (courtesy of rustybadger under a Creative Commons license). Thailand's workers need to contribute more complex tasks to the su|
Brain drain—the migration of talent across borders—has an impact on Malaysia’s aspiration to become a high-income nation. Human capital is the bedrock of the high-income economy. Sustained and skill-intensive growth will require talent going forward. For Malaysia to be successful in its journey to high income, it will need to develop, attract and retain talent. Brain drain does not appear to square with this objective: Malaysia needs talent, but talent seems to be leaving.