Developing Countries Should Promote Education

Developing Countries Should Promote Education

The struggle of third world countries in development and progress is evident globally. The wise allocation of limited resources is important to ensure their best use. Therefore, the leaders in the developing countries are in a dilemma if they should focus on improvement of industrial skills or upgrade of the existing educational system. I am convinced that governments that experience financial challenges should prioritize on educational investments over boosting industrial skills.

Poverty is a pandemic and a major hindrance to the economic progress in the developing world. Specifically, the quality human resource is an important tool in poverty eradication. Hoverer, it is clear that the competency level of human resources is attributable to the quality of education. For instance, compulsory financial education for junior and senior students result in misplaced prioritization and poor management skills in the developing world. Considering this, it is hard for citizens to improve their living standards despite occupying relatively better positions at the workplace (Seidman, 2015). Still, it is true that all the countries must transition through multiple vicissitudes, but with quality education, the process is simplified due to ease in overcoming obstacles.

Interestingly, most countries in the modern world are inclined to industrialization. Consequently, people are trained to hone industrial skills while a lesser focus is directed on education. Miscalculations such as these result in many countries in Asia, Africa, and Latin America to lag behind in attainment of MDGs (Millennium Development Goals). They wrongly consider industrialization as a silver bullet to end poverty. While it is possible for them to supply adequate labor to industries, the welfare of the workforce hardly improves (Institute of Social Studies, 2011).

In summary, ample and quality education preconditions all industrial skills. Therefore, laying emphasis on improvement of educational standards should be considered in the developing world to assure the future generations of better living standards, economic stability and eradication of prevalent poverty.

References

Institute of Social Studies. (2011). Development of Societies: The Next Twenty-Five Years: Proceedings of the ISS 25th Anniversary Conference the Hague, December 1977. Boston, MA: Springer US.

Seidman, G. (1985). Working for the Future. Gaborone, Botswana: Foundation for Education with Production.