JCI-JSC-WP-2020-03: Skills and Human Capital Development of ASEAN
Publication date: Sept 2020 | Length of paper: 29 pages | ISBN: TBC
This paper provides an overview of the human capital development policies of ASEAN in terms of education and training. It highlights the importance of aligning educational policies with industrial policies to create sustainable and inclusive growth in the domestic economy and region. There is also urgent need among ASEAN countries to achieve rapid catching-up through structural transformation that results in fast and sustained technological change and productivity growth, and more and better job generation leading to rising income and poverty reduction. To achieve this, the country needs to enhance both the social capabilities and human capital required to adopt advanced technologies and shift into new industries, in which education and training has a vital role to play.
Authors
The JCI-JSC Working Paper series is published to disseminate preliminary research findings and stimulate intellectual discourse on wide-ranging public policy issues, ranging from security to sustainability. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the Jeffrey Cheah Institute on Southeast Asia and the Jeffrey Sachs Center on Sustainable Development.
Related Publications
JCI-JSC-PB-2022-01: The New Dynamism of East Asia and Asean: New Trade Institutions in FTAs and the ‘Living Agreement’ of RCEP
The authors examine how the ‘build-in’ institutional feature within the RCEP addresses the region's socioeconomic issues as a ‘living’ trade agreement.
JCI-JSC-WP-2022-01: Global Value Chain, Cities and Urban Amenities: Next Stage of Growth for ASEAN and East Asia
The paper highlights the importance of urban amenities to retain and maintain skill labour in the key cities to drive economic growth.
JCI-JSC-WP-2021-04: Financial Development and Inclusion on Saving Behavior in ASEAN LDC: Case of Cambodia
In this paper, we explore the impacts of financial intermediation and financial inclusiveness on saving behavior of developing economy such as Cambodia using individual data from Global Findex database in 2017.
Related Events
As domestic and external demand recover, the Malaysian economy is projected to grow by 5.8% in 2022. However, this projected growth may be dampened by the rise of new COVID-19 variants, supply disruptions, and limited fiscal space. Rising vulnerabilities both at household and firm levels pose concerns to the country’s recovery path. Uncertainties abound for the Malaysian economy in 2022.
As domestic and external demand recover, the Malaysian economy is projected to grow by 5.8% in 2022. However, this projected growth may be dampened by the rise of new COVID-19 variants, supply disruptions, and limited fiscal space. Rising vulnerabilities both at household and firm levels pose concerns to the country's recovery path. Uncertainties abound for the Malaysian economy in 2022. ASLI of Sunway University brings to you a two-part panel discussion for us to understand how to navigate the Malaysian economy in these trying times
World class academics, economists, and policymakers present their papers on “Growth, Resilience and Sustainability: Asian Dynamism in an Uncertain World”.