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  4. Apr2017

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    Autocrats dislike independent, internationally-oriented, autonomous universities free of corruption and hence, they attack them. In order to add the appearance of legitimacy to purely political actions, autocratic regimes use the law to advance their goals. That is why their favorite strategy is to work through the legislature and courts. This seems to be the case with the European University at St. Petersburg and the Central European University in Budapest, both currently being harassed by the ruling political regimes. The European University at St. Petersburg is a private university, founded in 1994 by the Committee for Real Estate Management of St. Petersburg City Government, St. Petersburg Institute for Economics and Mathematics at the Russian Academy of Sciences, St. Petersburg branch of Sociology Institute at the Russian Academy of Sciences, and St. Petersburg Association of Scholars with support from the MacArthur, Ford and Soros Foundations. Organizations funded by George Soros, through the Open Society Foundation, were expelled from Russia in 2015. This is no surprise, since authoritarian regimes fear democratic initiatives and do not share the idea of civil society that is promoted by George Soros. Russia’s Federal Agency for Supervision in Education and Science says that the university’s political science and sociology departments do not have a sufficient number of full-time faculty who do applied research, and that faculty on fixed-term employment contracts are not properly certified. Quite a few other minor violations, including missing a fitness center, are cited as well. While the university administration works on addressing these issues, the state agency continues its offensive. The European University at St. Petersburg has lost its state license and accreditation and may well lose its historic building, the Small Marble Palace. It turns out that the university installed new plastic windows in parts of the old building, and it goes against the city’s historical preservation ordinance. Russian Pr
    6 years ago by @prophe
     
      BudapestEuropeHungaryApr2017attackclosureEnglish
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      It was big news when outstanding student loan debt surpassed credit card debt and then later exceeded $1 trillion for the first time. That shocking statistic keeps climbing, with no sign of slowing down: Americans now have more than $1.4 trillion in unpaid education debt, according to the Federal Reserve. Meanwhile, college-bound kids and their families try to avoid going into debt by heeding advice like "save more," "apply for scholarships" or "go to a cheaper school." Of course, none of those address the major issue of rising costs that have far outpaced wage growth. It's smart to avoid student loan debt if you can, because those loans affect your credit and your financial future. (You can see how much by checking your free credit scores on Credit.com.) However, strategically choosing a school isn't quite as straightforward as comparing tuition and fees. One thing you can do is check out an institution's net price calculator, which should be on its website, to see how much a student like you would pay after grants and scholarships. Another thing you can do is look at how much student loan debt recent grads ended up with. (You can read more about options for repaying your student loans here.) Where Is Student Loan Debt the Lowest? The response to that question is a little trickier to figure out, but organizations like The Institute for College Access & Success (TICAS) have compiled such data to help. According to their Project on Student Debt, 68% of 2015 bachelor's degree recipients graduated with student loan debt. The average was $30,100 per borrower. TICAS put together their project based on student loan debt figures from the "Common Data Set," a survey of colleges used by college-guide publishers. The colleges voluntarily self report their data, which presents problems. "Colleges that accurately calculate and report each year's debt figures rightfully complain that other colleges may have students with higher average debt but fail to update their figures, under-report actual debt levels, or never re
      6 years ago by @prophe
       
        USAApr2017Student_loanstudent_debtEnglishstatistics
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        Internationally, more students than ever are attending college. Between 2000 and 2014, the number of students in higher education globally more than doubled to 207 million, according to a paper (pdf) published by UNESCO, together with the International Institute for Educational Planning and the Global Education Monitoring Report. As government universities struggle to accommodate the swelling ranks of students, private colleges are burgeoning. The report found that enrolments in private colleges and universities account for 30% of all global enrolments. However, these private for-profit higher education institutions have been heavily criticized in some countries. In the US, a 2012 report found that some private institutions have higher than average tuition rates, recruit aggressively, have low student retention rates, high rates of loan default, and offer little job placement assistance. Reporting by ProPublica found that some private universities also employ deceptive marketing techniques with recruiters making false claims. As for-profit education companies face growing scrutiny and tightening regulation at home, many have looked overseas, particularly to Latin America, for growth. In 2015, over 60% of students in Brazil, Costa Rica, El Salvador, Honduras, Nicaragua, and Peru were enrolled in private institutions, and over 80% in Chile and Paraguay. “The government has had no choice but to work with the private sector,” Fernando Iunes, global head of investment banking for Brazil’s Itaú BBA, told the New York Times (paywall). “It cannot meet the demand on its own.” Attending a private university is less common in Asia, where private enrollments make up 36% on student enrolments on average. But their popularity is growing in countries such as Indonesia, Malaysia, and Thailand, according to the UNESCO report. US firm Laureate Education, which operates 70 institutions in 25 countries with more than 1 million students enrolled, is one company profiting from the global dearth of public universities. Th
        6 years ago by @prophe
         
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          The students framed their enrollment in a for-profit as having stemmed from a desire to gain confidence, reach their potential, take charge of their lives, and shed social labels associated with a lack of a college degree. ----- What leads more than 7 percent of the nation’s college students to enroll at for-profit institutions? Much of the discussion of higher education’ proprietary sector assumes that its member schools enroll students who are academically marginal and lack other options. That’s far too simplistic, a new study concludes. The study’s authors are two scholars from the University of Pittsburgh: Linda DeAngelo, an assistant professor of higher education, and Molly M. McClelland, a doctoral student in administrative and policy studies there. They based their analysis on extensive interviews with 19 students who had attended two-year, for-profit colleges before enrolling in a private, four-year, urban college. The students ranged in age from 20 to 60 and were diverse in terms of their race, ethnicity, gender, and major. Contrary to common stereotypes, the two researchers say, their subjects generally saw their experience with a for-profit college as positive, and said little that traced their decision to enroll in it to poor academic performance in high school. Generally, they framed their enrollment in a for-profit as having stemmed from a desire to gain confidence, reach their potential, take charge of their lives, and shed social labels associated with a lack of a college degree. In keeping with standard research protocol, the researchers name neither their subjects nor the private college where the study took place. They caution that their study’s results might have been skewed by its focus on students who were successful enough to move on to a four-year institution. The researchers also stress that their findings should not be perceived as an endorsement of the for-profit sector, which continues to have low graduation rates and includes colleges that leave students heavily indebted and faci
          6 years ago by @prophe
           
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            The national tone of public criticism of higher education has sharpened recently. Many in both the public and private sectors are questioning the cost of higher education, and others are questioning its value. We are being exposed through all forms of media to predominantly negative stories about higher education. As one whose life was transformed by my collegiate experience, and now as a college president, I am a bold and proud apologist for higher education, its value and its necessity to the future of our country and the global economy. With deference to a 2017 report from the Association of Governing Boards entitled “The Business of Higher Education,” I share some facts about the economic benefits of higher education. A generation ago, a high school graduate earned 77 percent of what a college graduate earned. Today, for millennials, high school graduates will earn 66 percent of their college graduate neighbors. Over a lifetime, that is well over $1 million in additional earning for the college graduate, making the financial value proposition a good one. However, beyond earning potential, the recent study cited other equally important benefits for college graduates: “Higher education…efficiently creates human capital that improves communities and contributes to the economic well-being of the nation over the course of graduates’ entire lives. College graduates enjoy better health, longer lives, and greater degrees of individual and professional satisfaction. … They also use the skills learned in college to foster democracy and human rights, as well as to accelerate technological advancement.” We have witnessed recent debate within the West Virginia state legislature, as well as in many other state legislatures, concerning appropriations for public higher education. I am a supporter of both a robust public and private higher education sector, and recognize through empirical research, that investing public funds in all types of education is prudent and wise. I offer food for thought concerning the value
            6 years ago by @prophe
             
              USAApr2017English
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              Turkey – Yeditepe University, a leading private university in Istanbul, Turkey, has received awards for all of its nine entries in ISIF’17 (the 2017 Istanbul International Inventions Fair), becoming the only institution to have all its entries honoured among all the institutions from all over the world that participated in the fair. As a testimony to Yeditepe’s commitment to innovation and inventiveness, the awards also showcased its already well-known image: a university with strong relations with the industry and the community. In addition to regular awards, Yeditepe was also honoured by TPE’s Best National Patent award for one of its entries. The Istanbul International Inventions Fair is an internationally renowned annual event hosted by TPE (Turkish Patent and Trademark Office) with international support from WIPO (World Intellectual Property Organization), EPO (European Patent Office), and IFIA (International Federation of Inventors’ Association). A total of 389 patents of industrial and academic institutions from North America, Europe, Asia, and the Middle East had been submitted to ISIF’17 that took place in March 2017 at Istanbul WOW Convention Center. The entries were judged by a panel of international jurors. Yeditepe University is one of the largest and most reputable private universities in Turkey, known for its strong programmes in engineering, social sciences and education, arts and sciences, law, dentistry, medicine, pharmacy, health sciences, fine arts, architecture, and, business and commerce. Offering most of its programmes in English at both undergraduate and graduate levels, Yeditepe also attracts a large number of international students from all over the world as well as Turkish students from all regions of Turkey, resulting in a quite diverse body of students.
              6 years ago by @prophe
               
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                The Department of English at University of Liberal Arts Bangladesh (ULAB) organises its Inter-University Students’ Conference and Cultural Competition for the third time. The two-day event began today at the ULAB auditorium commemorating the 200th death anniversary of British novelist Jane Austen and will end tomorrow, April 22, 2017, according to a release. The event is featuring students’ paper presentations on the first day and cultural competition on the second day. Students from 14 public and private universities, including Dhaka University, North South University, BRAC University, East West University, and ULAB, are participating in the event. Professor Fakrul Alam of Dhaka University, Professor Kamaluddin Ahmed of Chittagong University and Professor Mobasshera Khanam of National University were the judges of the academic papers on the first day of the event. Renowned actress Suborna Mustafa and Professor Sudip Chakraborty of Theatre and Performance Studies department of Dhaka University will be the judges of the cultural competition to be held on the second day of the event. Professor Emeritus Serajul Islam Chowdhury of Dhaka University attended the opening ceremony of the programme as the chief guest, while the Country Director of British Council Barbara Wickham will be attending the closing ceremony as the chief guest, the release read.
                6 years ago by @prophe
                 
                  BangladeshstudentcultureApr2017English
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                  Khalsa University, established by disintegrating 125-year-old Khalsa College, is ready for its first full-fledged academic session a fortnight after Captain Amarinder Singh, who had vowed not to allow it, took over as the chief minister of Punjab. On February 17, 2016, Amarinder Singh had famously barged into the Khalsa College campus and declared that after becoming the CM, he would undo any attempts to set up Khalsa University on the 330 acres land of Khalsa College. However, though Amarinder has now become the CM, the Khalsa College management seems unruffled. Khalsa College Governing Council (KCGC) honorary secretary and Khalsa University Pro-Chancellor Rajinder Mohan Singh Chhina said, “It will have no impact on us. Captain Amarinder Singh is a very wise man. These were all talks before the elections. Khalsa University is constituted by passing a Bill in Punjab Assembly in September 2016. I don’t think Captain Amarinder Singh will have any problem with it.” Asked if the university administration will try to clear air by meeting the new chief minster, Chhina said, “We don’t have to. There is no such issue to discuss.” Chhina had unsuccessfully contested the Amritsar Lok Sabha bypoll on a BJP ticket in February this year. Despite the fact that his daughter-in-law Harsimrat Kaur Badal’s father Satyajit Singh Majithia has been the president of KCGC, former CM Parkash Singh Badal had avoided to establish Khalsa University during his first term of 2007 to 2012 due to huge protests against this move from different quarters of the Sikh community. Many Sikh bodies had claimed that Khalsa College was raised with the donation of community and should not be converted into a private university. KCGC then came up with an amended proposal to disintegrate Khalsa College to create a private university. Badal gave nod to the university only during the last Assembly session (in September 2017) of his 2012-2017 tenure as the chief minister amid protests from Congress and AAP. It did not give much time to university to start all
                  6 years ago by @prophe
                   
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                    More than 20% of higher education courses run by Thai universities fail to meet required standards, according to the Office of the Auditor General (OAG). According to Isara News Agency, the OAG recently...
                    6 years ago by @prophe
                     
                      failauditApr2017ThailandEnglish
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                      As financial difficulties take their toll, more mergers like that between UCL and the Institute of Education look inevitable – or will private equity firms step in? hen academics at the Institute of Education were told that they would be merging with University College London, they were assured it would boost their profile. The IoE was already ranked as world-leading in education. But in a climate of squeezed research funding and highly competitive student recruitment, the merger was seen as a sensible move by many in the sector, who felt that smaller institutions might be at risk. The alliance crowned UCL as the biggest university in London, with more than 35,000 students, and the largest postgraduate institution in Britain. But two years on, angry educationists say they are underpaid and undervalued in their new institution. Last month John Yandell, president of the IoE branch of the University and College Union, delivered a petition signed by 1,000 staff and students to UCL’s provost, Michael Arthur, calling for a rise in London weighting to match their UCL counterparts – IoE academics claim they are paid £600 less. He believes members struggle to cope with the high rent, mortgage and travel costs of living in the capital. But he isn’t optimistic about their chances of being heard. With some modern universities suffering declines of up to 25% in student numbers, experts say an increase in university mergers is inevitable. “The main driver will be that some institutions will become financially unsustainable – if they aren’t already,” says Prof Roger Brown, former vice-chancellor of Southampton Solent University. Glynne Stanfield, head of the international higher education practice at law firm Eversheds, who has advised on several university mergers, says lower-ranking institutions that are not meeting student-number targets may well look for a partner. But he argues another likely scenario is that struggling universities may be taken over by private sector players waiting in the wings. “Would the private s
                      6 years ago by @prophe
                       
                        UKApr2017UCLmergerEnglishIoE
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                        Universities are caught in a privatization trap that they built themselves and that will be difficult to take apart, argues Christopher Newfield. This country’s public universities face the Trump administration in a weakened condition. That is partly because they have suffered years of state funding cuts and still aren’t back to pre-2008 levels. But it’s also because they have long embraced a private-funding model that doesn’t work and whose weaknesses Trump and his people can exploit. A painful example is the proposed 18 percent cut to the National Institutes of Health, which Health and Human Services Secretary Tom Price has contended would not hurt research, as it would mostly focus on cutting back on overhead expenses to universities. An 18 percent budget slash sounds catastrophic -- until you remember that companies take these kinds of hits and survive. So do American families, where illness or job loss lead to cuts far greater than that. The same goes for public universities: few have not had a cut on that scale sometime in the past 25 years, and still fewer have admitted that such losses hurt educational quality. Since universities survived the financial crisis with little damage -- that they have disclosed -- what would keep the citizenry awake at night about an 18 percent cut for medical research? Research directors reply that it would be terrible indeed: National Science Foundation Director France Cordova, for example, has said the proposed cuts endanger the economy, since “half of our present GDP is due to investments in science and technology.” Researchers have noted that the current funding austerity already appears in the form of the declining average success rate for grant applications, which has been cut nearly in half since 2001, from 27 percent to 16 percent. Four in five applications go unfunded, with presumably valuable results to medical knowledge possibly lost. Such arguments might work if voters thought science needed public funding to get to the public. But the unfortunate fact is that
                        6 years ago by @prophe
                         
                          USAresearch_grantDonald_TrumpprivatizationApr2017English
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                          The acting Vice-Chancellor, Elizade University, Ilara -Mokin , Ondo State, Professor Theophileus Oyeyemi Fadayemi , has appealed to the Federal Government to allow private universities to benefit from the Tertiary Education Trust (TET Fund) grants . Fadayemi made the appeal made at a press conference which was held at the university campus on Friday in preparation for the school’s 1st convocation ceremony. The VC said such intervention from the Federal Government would help in manpower development in private universities across the country. While noting that Education Trust Fund was set up by the Federal Government to assist the development of the Nigerian Higher Education System, decried a situation whereby it is only government-owned universities are allowed to accessed the funds “We appealed to the Federal Government to allow private universities to benefit from TETfUND which has been restricted to Federal universities. The private universities that are ready to go into research should be able to have access to TETfUND. “We have all the capacity here at Elizade University in terms of our commitment .What we are asking for is that they should give us access to TETFUND. ” Fadayemi said a total of 35 out of 64 students that was admitted as first set of students of the university on January 6,2013 ,will be graduating at the convocation. He said that five students had first class honours while 17 and 13 had second class upper division, second class lower division respectively. The VC also said all courses the school runs are fully accredited. “The 17 programmes presented for NUC ‘s accreditation with all the 17 having full accreditation status. ” he said.
                          6 years ago by @prophe
                           
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                            Over the years I have seen many retirement plans ruined, simply because substantial amounts of investment dollars, originally allocated for retirement, were used to pay for college education. This selfless act of support can create a long-term problem for the retiree. However, it is not the act of paying for the education that is at issue but rather how and when you choose to pay is what needs to be explored. First, let's take a look at general college costs; according to collegedata.com the average cost of tuition and fees for the 2016–2017 school year was $9,650 for state residents at public colleges, $24,930 for out-of-state residents attending public universities and for those in private colleges the average was a whopping $33,480 a year. Add to that room and board, books and supplies, ancillary living expenses and possible travel costs needed for either the student or family members throughout a school year, and you have a hefty draw down of savings. –– ADVERTISEMENT –– Read: How to get into an Ivy League school — by someone who got into 6 of them For many, that lump sum draw down, each year over four years — potentially four plus years — will create significant, irreplaceable, long-term loss of reserves needed to support your future, ongoing monthly retirement income. To avoid diminishing your retirement savings or general investment accounts, be creative; explore the various options that may be available to pay for college. With that said, here are a few suggestions intended to help support higher education needs and at the same time designed to help keep your retirement savings intact: • Plan to have your child apply for scholarships. Discuss with your child, early on, what is required to be granted a scholarship. Visit with a school counselor to get information on the qualifying rules and learn what types of scholarships and student aid may be available. Remember; it is cheaper to pay for a summer tutor to help your child strengthen a subject they are weak in, than it is to forfeit a
                            6 years ago by @prophe
                             
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                              Americans are often expected to have some level of higher education before they enter the workforce. These political leaders are asking: Shouldn’t government help them along? CHICAGO—A surge of innovation in states and cities is building momentum for what could become a seismic shift in American education. Just as the country came to expect in the decades around World War II that young people would finish at least 12 years of school, more local governments are now working to ensure that students complete at least 14 years. With that change, political leaders in both parties are increasingly acknowledging that if society routinely expects students to obtain at least two years of schooling past high school, government has a responsibility to provide it for them cost-free. That impulse animates the statewide tuition-free community-college program pioneered under Republican Governor Bill Haslam in Tennessee and replicated under Democratic Governor Kate Brown in Oregon; Chicago Mayor Rahm Emanuel’s Star Scholarship, which funds two years of community college for students who complete high school with a B average; and the legislation Governor Andrew Cuomo recently signed into law providing tuition-free access to two- and four-year public colleges in New York for families earning up to $125,000. The Campaign for Free College Tuition, an organization promoting this movement, expects representatives from up to 18 states to join their conference next month in Denver. Ben Cannon, executive director of the Oregon Higher Education Coordinating Commission, speaks for many devising these initiatives when he insists: “As a state, we generally acknowledge and understand that a high-school education is not enough, and [tuition-free community college] represents an attempt to extend that [public-education] entitlement to 14 years.”
                              6 years ago by @prophe
                               
                                Free_tuitionUSAcommunity_collegeApr2017English
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                                Finishing an engineering project does not require knowledge but money. At least that’s the case in a few colleges in the city. Most of the students have been found resorting to buying readymade projects from small firms who are into this business full-time. These firms also help in getting research papers published for students. Some of these firms have even taken the route of e-commerce and have displayed the projects on their website in detail according to the technology it is based on, its price along with pictures, abstracts and research papers. Engineering students are expected to put the concepts that they learn into practice twice in their four-year long course –once in the third year as a mini project for 50 marks and again in their final year for 200 marks. However, majority of the students buy readymade projects which can cost anywhere between Rs 2,500 to Rs 50,000 depending on the technology, components used and complexity of the project. When contacted, JNTU-Hyderabad registrar, Dr N Yadaiah, said, “The university cannot ensure that at each and every affiliated college, students are genuinely doing the projects. The colleges also share this responsibility and should take required measures for it.” Private colleges in cahoots with project vendors While the university says that the onus is on private colleges, unfortunately these colleges are also involved with students in making a mockery of engineering education for earning a quick buck. A senior professor of a well-known engineering college said, “In many private engineering colleges, the teachers and Heads of Department provide business to firms selling engineering projects. They take commission on the cost that the students pay to such firms for buying projects. Not just this, but some college managements too are involved in this business by setting tie-ups with firms selling engineering projects. When the time comes for external evaluation, even invigilators are handled by the college management. It does not usually happen that some student i
                                6 years ago by @prophe
                                 
                                  hyderabadApr2017corruptionEnglishillegalIndia
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                                  Pack your bags, Mules. Colby College is promising that, beginning in the fall, every student will be able to study abroad, regardless of income, under a new program made possible by a $25 million gift from a wealthy alumnus. Colby, home to 1,800 students in Waterville, Maine, says it is the first liberal arts college in the country to eliminate the financial barriers to international travel, to ensure that every student gains experience overseas during their undergraduate years. The program, announced Wednesday, will allow students at Colby — whose mascot is the Mule — to travel for work, study-abroad programs, internships, or research. David A. Greene, the private school’s president, said the goal is to make international education accessible to students whose parents may not have connections to internships in foreign corporations or be able to afford an airline ticket and a Eurail pass for a summer of sightseeing in European capitals. The program, which is being funded by Andrew Davis, an investor who graduated from Colby in 1985, will pay for airfare, housing, meals, and stipends to allow students to take unpaid internships, a luxury often available only to higher-income families. “What we’re trying to do is make sure these experiences are universal when students come to Colby, no matter your ability to pay or your own personal network,” Greene said. Currently, 70 percent of Colby students study abroad. Still, the fact that the benefit is being offered to students at an elite New England college like Colby underscores how study-abroad experiences are still out of reach for most college students. Nationally, only 10 percent of American undergraduates, including community college students, study overseas by the time they graduate, according to the Institute of International Education. Mark Farmer, director of higher education and public policy at the Association of International Educators, said it was encouraging to see a private donor at Colby support study-abroad efforts at a time when
                                  6 years ago by @prophe
                                   
                                    abroadoverseas_studyMaineUSAApr2017donationEnglishgift
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                                    Granting autonomy to colleges will ensure that the public good that is higher education, will become a private business. ‘Autonomy’ is the new buzzword echoing in the halls of higher education today. The word conveys high and cherished ideals like independence, freedom, self-reliance, self-determination – all of which are now being invoked, by various authorities, inside and outside the government, to rationalise and justify the newfound urgency with which a select few colleges are being ‘invited’ to ‘apply’ for autonomy. Why then has this become controversial? For one, the University Grants Commission (UGC) in its ‘Guidelines for Autonomous Colleges During the XII Plan‘ (2012) had stipulated that only colleges that were awarded a least a B-Grade by the National Assessment and Accreditation Council (NAAC), three times, over at least ten years could be considered for autonomy. It had also stipulated that the staff of the college should be ‘involved in the thinking and planning processes from the very beginning’. None of this has happened, but ‘autonomy’ has now become a juggernaut, barrelling on, unstoppably. The ‘autonomy’ that is being planned will benefit only the various private trusts that now ‘manage’ the colleges in question – not the faculty, nor the non-teaching staff, nor the students, and certainly not their parents. The terms of autonomy are such that the administrative and financial powers and control of the private trusts will subsequently increase dramatically, de facto, and possibly de jure. The checks and balances that exist by virtue of being affiliated to the university will gradually disappear completely. For instance, faculty service conditions: these are supposed to remain unchanged but, in real terms, the obligation of the trusts to honour these conditions is greatly reduced ‘post-autonomously’. Why? Because the current financial and administrative accountability of the college trusts to the university authorities will disappear completely with ‘autonomy’, and consequently, so will employ
                                    6 years ago by @prophe
                                     
                                      University_Grants_CommissionautonomyApr2017EnglishIndia
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                                      The private sector has been called upon to support efforts to create skills and capacity in Africa to contribute to Africa’s transformation and economic growth. At the recent fourth World Bank’s Partnership for Skills in Applied Sciences, Engineering and Technology, or PASET, forum in Nairobi, the World Bank Group’s Vice-President for Human Development Keith Hansen said the private sector should expand its support for skills-building in Africa, with both resources and technology. The forum was organised by the World Bank and the Kenyan government from 5-7 April. It was attended by 19 African countries, including education and higher education ministers, and key partners such as South Korea, China, Brazil and Malaysia, which share knowledge and technical assistance with PASET's African members. “Links between education and industry are crucial, and Germany, Singapore, Korea and China all offer know-how around forging these links,” said Hansen. Private sector firms that attended included Microsoft, the State Grid Corporation of China and Philips. According to Hansen, PASET reflects two key World Bank Group priorities: “Our commitment to Africa, and to investing in people.” Human capital The World Bank invests in people because it is the right thing to do, and because people are an often untapped engine of inclusive economic growth, he said. Human capital is integral to ending poverty, explaining up to two-thirds of income differences between countries across the world. “To strengthen human capital in Africa, we need to achieve the right skills mix for young people. It is fantastic to see partners and governments converge around PASET, because there is no smarter shortcut to a bright future than education – when it is high-quality and relevant.” He noted that a critical mass of expertise and institutions that drive scientific and technological advancement in key sectors such as agriculture, energy, manufacturing, construction, ICTs and health also help sustain economic growth and boost resilience. “
                                      6 years ago by @prophe
                                       
                                        AfricaApr2017EnglishWorldWorld_Bank
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