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Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study

Governments of developing nations and ‘development partners’ consider education as an ‘international product’ that makes economic advancement possible. Hence, education in developing nations is always sluggish in responding to the changes of contemporary concepts. The fourth industrial revolution is...

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Main Authors: Alam, Gazi Mahabubul, Forhad, Abdur Rahman, Ismail, Ismi Arif
Format: Article
Language:English
Published: Elsevier 2020
Online Access:http://psasir.upm.edu.my/id/eprint/88075/1/ABSTRACT.pdf
http://psasir.upm.edu.my/id/eprint/88075/
https://www.sciencedirect.com/science/article/pii/S0040162520310106
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spelling my.upm.eprints.880752022-05-18T04:12:43Z http://psasir.upm.edu.my/id/eprint/88075/ Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study Alam, Gazi Mahabubul Forhad, Abdur Rahman Ismail, Ismi Arif Governments of developing nations and ‘development partners’ consider education as an ‘international product’ that makes economic advancement possible. Hence, education in developing nations is always sluggish in responding to the changes of contemporary concepts. The fourth industrial revolution is a concept that explains the latest stage of economic development. When many developed countries’ education systems are still struggling to cope with this concept, developing countries want to copy them. Thus, the question can be asked: can a copied ‘international product’ necessarily support the ‘national development’ or ultimately assist ‘international development’? Using philosophical debates as a metaphor, some studies have attempted to answer. In the era of globalization, foreign income is the most important element of national development. This comparative study is the first to investigate the influence of education in earning foreign income. Multi-national data collected by designated agencies from both developed and developing nations are used. Findings show that quantitative and qualitative indicators of education in developing countries are figuratively catching up with the advanced economies. Certain industries need highly skilled individuals to grow the amount of a nation's foreign income. Education systems in developed counterparts are able to produce skilled graduates who contribute significantly for foreign income. For developing economies, foreign income mainly depends on low-skilled industry sectors. Education in developing countries is discussed here in terms of ‘Dependency Theory’. Elsevier 2020 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/88075/1/ABSTRACT.pdf Alam, Gazi Mahabubul and Forhad, Abdur Rahman and Ismail, Ismi Arif (2020) Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study. Technological Forecasting and Social Change, 159. art. no. 120184. pp. 1-14. ISSN 0040-1625 https://www.sciencedirect.com/science/article/pii/S0040162520310106 10.1016/j.techfore.2020.120184
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description Governments of developing nations and ‘development partners’ consider education as an ‘international product’ that makes economic advancement possible. Hence, education in developing nations is always sluggish in responding to the changes of contemporary concepts. The fourth industrial revolution is a concept that explains the latest stage of economic development. When many developed countries’ education systems are still struggling to cope with this concept, developing countries want to copy them. Thus, the question can be asked: can a copied ‘international product’ necessarily support the ‘national development’ or ultimately assist ‘international development’? Using philosophical debates as a metaphor, some studies have attempted to answer. In the era of globalization, foreign income is the most important element of national development. This comparative study is the first to investigate the influence of education in earning foreign income. Multi-national data collected by designated agencies from both developed and developing nations are used. Findings show that quantitative and qualitative indicators of education in developing countries are figuratively catching up with the advanced economies. Certain industries need highly skilled individuals to grow the amount of a nation's foreign income. Education systems in developed counterparts are able to produce skilled graduates who contribute significantly for foreign income. For developing economies, foreign income mainly depends on low-skilled industry sectors. Education in developing countries is discussed here in terms of ‘Dependency Theory’.
format Article
author Alam, Gazi Mahabubul
Forhad, Abdur Rahman
Ismail, Ismi Arif
spellingShingle Alam, Gazi Mahabubul
Forhad, Abdur Rahman
Ismail, Ismi Arif
Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
author_facet Alam, Gazi Mahabubul
Forhad, Abdur Rahman
Ismail, Ismi Arif
author_sort Alam, Gazi Mahabubul
title Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
title_short Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
title_full Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
title_fullStr Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
title_full_unstemmed Can education as an ‘International Commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
title_sort can education as an ‘international commodity’ be the backbone or cane of a nation in the era of fourth industrial revolution? - a comparative study
publisher Elsevier
publishDate 2020
url http://psasir.upm.edu.my/id/eprint/88075/1/ABSTRACT.pdf
http://psasir.upm.edu.my/id/eprint/88075/
https://www.sciencedirect.com/science/article/pii/S0040162520310106
_version_ 1734301611476385792
score 13.211869

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