ERIC Number: ED457328
Record Type: Non-Journal
Publication Date: 2001
Reference Count: N/A
Education and Technology Accelerate Economic Growth for Newly Emerging Economies.
Workforce Economics Trends, Sum 2001
Technology provides a new and effective tool for accelerating economic growth, and developing countries are embracing technology and education as the means toward attaining economic parity with the United States and other developed nations. Evidence suggests that this strategy is paying off. Developing countries are building a technology infrastructure and an educated workforce that will enable them to develop their economies at unprecedented speeds. Countries such as Mexico, China, and Brazil, which already have growing populations of technically literate workers, may eventually rival the United States in terms of economic prowess, similar to what Japan, Western Europe, and to some extent Korea have been able to do. The following facts are among those supporting this suggestion: (1) computer use in developing nations is increasing; (2) developing countries are acquiring more high-tech products; (3) urbanization foretells educational and economic growth; (4) literacy rates and postsecondary enrollments in developing nations are on the rise, and postsecondary enrollment growth rates in developing countries exceed those in the United States; (5) the economic growth rates in many developing countries have exceeded those in the United States; and (6) incomes rise as countries embrace technology. (Contains 15 figures.) (MN)
Descriptors: Adult Literacy, Comparative Analysis, Computer Literacy, Developing Nations, Economic Change, Economic Development, Economic Impact, Education Work Relationship, Educational Economics, Educational Opportunities, Educational Supply, Enrollment Trends, Foreign Countries, International Trade, Labor Force, Labor Force Development, Outcomes of Education, Postsecondary Education, Productivity, Role of Education, Salary Wage Differentials, Technological Advancement, Technological Literacy, Technology Transfer, Trend Analysis, Urbanization
National Alliance of Business, 1201 New York Avenue, NW, Washington DC 20005. Tel: 800-787-1212; Fax: 202-289-2869; e-mail: email@example.com; Web site: http://www.nab.com.
Publication Type: Collected Works - Serials; Numerical/Quantitative Data
Education Level: N/A
Authoring Institution: National Alliance of Business, Inc., Washington, DC.
Identifiers - Location: Brazil; China; India; Japan; Mexico; South Korea; United States