Emerging Markets, Education and the Future of Work
What does the concept of a jobless future–a world awash with robots and AI–mean for emerging markets that have yet to reach economic maturity? How will educational achievement in these countries help to shape this future of work? What new business models might emerge to get people employed? These questions are impossible to answer today, […]
Read More Next in Emerging Markets: Confronting a Jobless FutureThere are three key variables that businesses, investors and educators must understand with respect to Asia’s future rise and its impact on the world’s industries and workers. One, the trajectory of Asia’s educational achievement from K12 through post-graduate education, including English language, STEM and other skills capabilities. As I have noted previously in this blog, […]
Read More Talent, Training and AI: How Asia is (Again) Emerging as the World’s LaboratoryDisconnected or idle youth as measured by NEET rates (defined as 18-24 year olds neither in employment nor education or training) can be a major determinant of economic stagnation, social unrest and investment risk. Unsurprisingly, the worst performers (based on OECD data) are often those with low educational attainment and a high degree of gender […]
Read More Investing in the World’s Idle YouthI was honored to keynote the US-Sino Online Higher Education Forum at Shanghai Jiao Tong University（上海交通大学）which took place on June 1, 2018. My talk was focused on the next phase of collaboration between US and Chinese universities. I have consistently thought that education remains a critical aspect of Sino-US relations and that the ability of […]
Read More Keynote at US-Sino Online Higher Education Conference: Shanghai, 2018The latest GEI White Paper_2018 Rankings are available. There were a number of changes this year with additional data related to PISA Science Scores and presence within the THE Global University Rankings, with a total number of measured data points rising to 21. Below is a brief excerpt. With its combination large populations, economic growth and […]
Read More 2018 GEI Rankings – Education Investment and OpportunityUS labor productivity is growing at its lowest rate, over an extended period, since 1948. In the face of this multifaceted decline, the Trump Administration’s “New Foundationfor American Greatness” has explicitly targeted GDP growth rates of 3% by 2021 based on a raft of trade, budgetary and investment measures. It has also championed an attempt to “Buy American, […]
Read More Why all foreign students should be given a green cardInvestors and entrepreneurs are usually exuberant about the 1.65 billion strong global student market until they hear the bad news: the majority can’t afford anything beyond basic education. This, of course, doesn’t include the 122 million illiterate youth in the world today or the legions of non-formal and professional learners who may want to improve their skills but have little […]
Read More When Fintech Meets Education: An International Love AffairIn 2016, the United States hosted over 1 million foreign students at an estimated $32.8 billion economic impact and over 400,000 jobs, a level that could easily exceed $45 billion by 2025. Under the outgoing Obama Administration, international student enrollments grew five-fold from 200,460 international students in 2009 and left the US as the top destination […]
Read More Will Trump’s “America First” Policies Disrupt International Education?Russia is not an education superpower. What if it were? This may not be an idle question as the country seeks to bolster its international position–no less under a Trump Administration–and to counteract the perception of either being a state-sponsored hacker or geopolitical bully. Domestically, Russia’s persistent de-population trend over the past quarter century coincides with a global shift […]
Read More Russia’s Untapped Potential: Beyond HackingWhat is the GEI? The Global Edunomic Index (GEI) was recently published over at 3/1 Global Research. Within it we analyzed education, economic and investment risk/environment data across 49 Emerging and Frontier Markets and then stack-ranked them using our internal scoring methodology. Why? To help companies, universities and investors make sense of the world’s rapid development […]
Read More Understanding the Global Edunomic Index (GEI)