A Salient Sector

Education is one of the most salient sectors of the economy. The governments in Asia must expend more finance on education. Education brings about a change in the standard of living, and gives a life of decency to its citizens. Education aids the citizens in participating in the labour market, whereby they can earn their living and bring a sense of decorum to their lives. More investments in education should become a hallmark of a good government. Most governments work with economic aims in mid, thus it ought to be the case for developing economies in Asia.

Asian nations would be well-suited towards investments in higher, secondary and primary education. It would bring about a change in the economy and lead to higher productivity. Productive citizens are more attuned to the needs of the market and help an economy grow faster than it would have, under the normal circumstances of living. Higher productivity can lead to higher wages and salaries for the employees and workers involved in diverse sectors of the economy. Education should be used as a tool for betterment of the nation, and also for higher aims of economic growth. The best economies are the ones that invest more on education, and give its young citizenry more economic opportunities.

Yuvraj Saharan

Capital Report