The Benefit of Education

Africa must invest in education. The nations in Africa should be more circumspect with education and importance that it has for the future. More investment in education, primarily higher education, would give its citizens the right skill-sets to work in a market economy. It would equip them with the requisites skills that they need in the twenty-first century. Most developed economies spend considerable amount of their GDP on education. African nations, especially developing economies, would be more productive if they invest in education. Education should be considered one of the best methods to make a nation competitive. The developing economies become productive when its citizens have the technical and proficient skill-sets to compete and contribute in a economy. A good education provides civic sense to the citizens, and gives them a competitive edge in an economy. Education can also be used as a method to impart social virtues to the citizens.

More finances must be invested in education and the government along with the private sector should be more attuned to the market demands and needs of the economy. Most developed economies have a valuable and productive work-force as they invest considerably higher percentage of their GDP on education, than developing economies. The developing economies must understand the importance of education and give its citizens more opportunities of growth. Education leads to a better way of life, and introduction to a higher morality of living. The world has increasingly become diverse and so have the nation-states. To come to terms with the diverse nation and marketplace, education should impart cultural values that are needed by the citizens. The African nations should invest more on education and bring the benefit of the education to as many as possible. Education can become one of the best ways to improve the conditions of living and make citizens more productive and beneficial for the economy. With the increase in labour market participation, developing nations in Africa would be better placed to grow economically.

Yuvraj Saharan

Capital Report