Comments on Emmanuel Jimenez and Elizabeth M. King "Middle income countries need to learn how to learn", 20/08/2015
There appears to be a typo in the third paragraph, where “by 2050, this figure had shrunk to less than one in ten”, the number 2050 should be a smaller number, because it refers to the past but 2050 is in the future.
I was surprised that vocational and adult continuing education is not mentioned in this article, given the focus on leaning new skills or further expanding and or improving existing skills to meet the ever changing work needs.
I would suggest such education had played an important part in raising the average knowledge and skills levels in those tiger countries. As development of new technologies or improves in technologies will play very important roles in this century, vocational and adult continuing education is likely to be as important as the improvement in primary and secondary education, because people need to keep pace with changes in technologies.
Showing posts with label human capital. Show all posts
Showing posts with label human capital. Show all posts
2009-09-01
Not a bad idea for introducing foreign human capitals
Comments on Peter Yuan Cai “Managing China’s treasure trove – Singapore Style”, 31/09/2009, http://www.eastasiaforum.org/2009/08/31/managing-chinas-treasure-trove-singapore-style/
Although Peter Yuan Cai's suggestion to appoint foreigners to manage China's SWFs and SOEs may be uncomfortable for most Chinese including their political leaders, the idea is worth considering, especially for the SWFs to have some advisors or board members with real power to manage the funds.
The government can set some guidelines and then to leave the management to the board with internationally competitive board members and management teams. It is a form of introducing foreign human capitals.
Although Peter Yuan Cai's suggestion to appoint foreigners to manage China's SWFs and SOEs may be uncomfortable for most Chinese including their political leaders, the idea is worth considering, especially for the SWFs to have some advisors or board members with real power to manage the funds.
The government can set some guidelines and then to leave the management to the board with internationally competitive board members and management teams. It is a form of introducing foreign human capitals.
2009-07-30
Older people working - a pool of treasure
Comments on ABC news report “Older Australians the hidden unemployed: study” by Dina Rosendorff for AM, 30/07/2009, http://www.abc.net.au/news/stories/2009/07/30/2640430.htm?section=justin
It is hidden unemployment, and it is a huge waste of valuable human resources.
The government has increased the pension age from 65 to 67 in the 2009 budget, in the name of dealing with a long term structural budget issue related to population aging. While I personally do not agree it is a good public policy measure and I like to provide more choices to people especially older people as opposed to forcing on people, it can be understandable why the government is doing it.
What is more important for the nation in dealing with population aging and demographic changes is a cultural change and a change in our thinking. Nowadays most people work in office or as a clerk or salesperson type of job. Most is not doing hard labour type job. Given the increase in longevity and health, most people are still capable of continuing working well into their late 60s or even early 70s.
Even those doing hard labour type jobs should still find other less labour demanding type of work to suit their physical health conditions.
The more people who are engaged in working, the higher the average income and national welfare. But more importantly, when people especially older ones are engaged in working voluntarily they are happier and living a better life, while reducing the pressure of aged pension.
All Australians, especially employers, need to tap into this pool of national treasure. It is and should not a difficult issue. It is a conceptual issue. It is an attitude issue. It is a cultural issue. And it is a thinking issue. It can be easily changed. And we can make that change and improve the lives of our older people and ours as a result.
What are we waiting for? Let’s do it, and start doing it now!
It is hidden unemployment, and it is a huge waste of valuable human resources.
The government has increased the pension age from 65 to 67 in the 2009 budget, in the name of dealing with a long term structural budget issue related to population aging. While I personally do not agree it is a good public policy measure and I like to provide more choices to people especially older people as opposed to forcing on people, it can be understandable why the government is doing it.
What is more important for the nation in dealing with population aging and demographic changes is a cultural change and a change in our thinking. Nowadays most people work in office or as a clerk or salesperson type of job. Most is not doing hard labour type job. Given the increase in longevity and health, most people are still capable of continuing working well into their late 60s or even early 70s.
Even those doing hard labour type jobs should still find other less labour demanding type of work to suit their physical health conditions.
The more people who are engaged in working, the higher the average income and national welfare. But more importantly, when people especially older ones are engaged in working voluntarily they are happier and living a better life, while reducing the pressure of aged pension.
All Australians, especially employers, need to tap into this pool of national treasure. It is and should not a difficult issue. It is a conceptual issue. It is an attitude issue. It is a cultural issue. And it is a thinking issue. It can be easily changed. And we can make that change and improve the lives of our older people and ours as a result.
What are we waiting for? Let’s do it, and start doing it now!
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