Happy UN Day for South –South Cooperation!
Investment in skills is vital to economic growth and competitiveness and poverty reduction. I believe that there is no better way to do that than to educate young graduates with expertise in high-demand areas to help grow African economies, create jobs, and support research.
Happy UN Day for South –South Cooperation!
While Hillary Clinton is cracking the glass ceiling, if not yet shattering it entirely, in the United States by becoming the first female presidential nominee of a major political party, recent analysis on U.S. women in the workforce presents a more sobering finding.
Education and training play an important role in ensuring that youth develop the skills they need to live independent and prosperous lives. The research is clear: youth are more affected by unemployment than any other age group. Around the globe we have seen the political, economic and social consequences of young people not having jobs. Governments and international development organizations have turned to education and training initiatives as one tool to enable youth to find jobs or launch their own businesses.
For Tanzania, a predominantly rural economy striving to achieve middle-income status by 2025, a major challenge is to create employment for 800,000 youth entering the labor market each year.
If you want to provide more opportunities to girls, you shouldn’t only provide them with an education – you also need to change perceptions of gender roles so that, when they grow up, girls can (among other things) fully contribute to the household’s livelihood. To achieve this, combining education with interventions for entrepreneurship and employment is the right way to go. This messages emerges not only from impact evaluations, but also from experiences on the ground and case studies of non-governmental organizations.
The robots are coming and are taking our jobs. Or are they? The media and the blogosphere have been buzzing lately about the impact of artificial intelligence and robotics on our lives. In particular, the debate on the impact of automation on employment has amplified concerns about the loss of jobs in advanced economies. And accelerating technological change points the spotlight on questions like: Do workers, blue and white collar alike, possess the right skills for a changing labor market? Are they prepared for the employment shocks that come with the so-called “fourth industrial revolution”? What skills strategy should countries adopt to equip their workforces for the 21st century?
The African continent is on the cusp of a major transformation. Many economies are growing, with growth driven by investments in infrastructure and energy, trade, and by a stable macro-economic environment. I think that this growth will lead to socio-economic transformation (with higher-income jobs and a better quality of life) if it is also accompanied by building skills and research capacity in applied sciences, engineering, and technology (ASET).
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’.
Creating jobs and increasing productivity are at the top of policymakers’ agenda across the world. We heard this message during the World Bank-IMF Annual Meetings and during the UN General Assembly meetings in New York last month. We read about disaffected youth in rich and less rich countries who have university education but can’t find jobs. I’m not going to argue that education holds the key to these current issues. Undoubtedly, current high unemployment rates owe a lot to the ongoing global economic slump.
Nonetheless, the current economic crisis forces us to examine why too many workers are unprepared to meet the demands from the modern workplace, particularly in increasingly competitive economic environments. Evidence suggests that education systems in many countries are failing young people with respect to basic skills as well as high-level cognitive skills such as critical analysis, problem solving and communication.