Education In Developing Countr

Education can be defined as all forms of human learning or more narrowly as the process that occurs in specialized institutions called “schools”. It is unquestionably the most important form of human resource development, economists have agreed to the idea that education has an important role on economic growth. In many developing countries, there has been increasing concern on education.
Thailand is a country that has experienced great economic growth in the past few years fueled by cheap labor industries. With the Asian crisis, that growth has slowed down quite dramatically, and some say it is the result of the country's lack of educated workers.
It is no question that ...

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some of these developing countries. It is up to the countries themselves to spend their budgets on more important things like education, rather than the military.
South-East Asia
In the article "South-East Asia's learning difficulties" published by The Economist on August 16, 1997. It defined the problem facing Thailand at that time. Thailand has been successful during the 1990's with economic growth provided by its cheap labor. These labor-intensive industries are responsible for producing clothes, shoes and other goods for exporting to the West. As the Asian crisis sets in, the government began to realize the problem facing the country, the lack of qualified workers. Over the year, the country has been concentrating on its labor-intensive industries but failing to address the need of skilled workers by these industries. In fact all these years Thailand has only experienced economic growth, but not development.
Foreign companies are reluctant to invest in Thailand because ...

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Education In Developing Countr. (2008, September 12). Retrieved July 20, 2018, from http://www.essayworld.com/essays/Education-In-Developing-Countr/89769

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Added: 9/12/2008 05:50:54 AM
Category: Miscellaneous
Type: Free Paper
Words: 1143
Pages: 5

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