and so 1990s
While many Chinese of a certain age are reliving their college days through the movie “So Young”, the country’s students of today are facing the fiercest ever competition for jobs, with a record high number of nearly 7m graduates this year.
“So Young” – a nostalgic look at student lives and loves of the 1990s from actress-turned-director Zhao Wei – has successfully captured the collective memories of those who left campus all those years ago. But when they look at the pressures facing today’s graduates, they may be glad their own student days are in the distant past. Continue reading »
Several reasons have been given for Brazil’s economic slowdown: a self-inflicted sudden stop caused by capital controls; currency appreciation, making exports more expensive; and falling demand for commodities, especially from China.
But if Brazil really wants to hold onto its position as a leading emerging market, it must address structural problems, starting with infrastructure and education. And as Chart of the Week shows, it has a lot of ground to make up. Continue reading »
Where's my iPad?
A Thai government deal to supply 1.8m school children with tablet computers, the largest contract of its kind in the world, could tempt about 10 manufacturers to bid.
At just under $100 a tablet, the margins will be wafer-thin. But there will be considerable kudos for the winners. In a fiercely-competitive market that will do no harm. Continue reading »
Emerging European economies – particularly the four core central European states of Slovakia, Czech Republic, Hungary and Poland – must invest more in education and innovation if they are to bring their living standards closer to those of their west European neighbours. Continue reading »
By NV ‘Tiger’ Tyagarajan of Genpact
The core of a business is the talent underpinning it. As the global landscape changes, emerging as well as advanced economies are faced with a scarcity of employable talent. Lack of such talent can impact businesses and pose grave challenges to every industry, but particularly for those in fast-growth economies. Continue reading »
¿Hablas inglés? If the answer is no, help is at hand: Carlos Slim, the world’s richest man, has just signed an agreement to translate the Khan Academy’s online classes into Spanish.
Through his Carlos Slim Foundation, the largest of its kind in Latin America, the Mexican telecoms tycoon has pledged to support the now-famous online academy founded by Salman Khan and popularised on Youtube. Continue reading »
Sergei Guriev, rector, NES
It’s not easy running an independent institution in Vladimir Putin’s Russia. Nevertheless, one of the country’s first private university-level academies has won a worldwide reputation, with US president Barack Obama among its fans. Continue reading »
There are only ten days left now until Brazil’s president, Dilma Rousseff, has to decide whether to approve one of the country’s most controversial pieces of legislation – the oil and gas royalties bill.
And she is still sticking to her guns, it seems. Continue reading »
Tuesday is middle class day in Latin America. The World Bank will publish a 200-page report on the rise of the middle class in the region. And the Brazilian government has issued a 60-pager called Voices of the middle class, the second in a series.
Both chart the astonishing rise of the middle classes in recent years – or rather, the economic boom that has allowed tens of millions of people to migrate from their countries’ lower to middle income levels. But they also raise a big question: with incomes on the rise, why has so much else remained unchanged? Continue reading »
By Simon Mundy and Laeticia Ock
At no time this year was South Korea’s national obsession with education more starkly on show than on Thursday, as more than 660,000 youngsters sat their university entrance exams. Traffic was diverted away from exam halls, airline schedules were tweaked to avoid distractions and police cars were put at the disposal of students who risked arriving late for their exams. Continue reading »
The plight of Malala Yousafzai, the Pakistani schoolgirl shot by the Taliban for publicly demanding the right of women to be educated, has shone a global spotlight on the failings in the country’s social development. Continue reading »
Although Indonesia has proved adept at exploiting its mineral wealth, its human resources are lagging behind.
Southeast Asia’s biggest economy is facing an “upcoming talent apocalypse” unless the government and companies take drastic action to improve the quality of the labour force, management consultants at Hay Group argue in a new report. Continue reading »
Indian students sitting down to take the Common Entrance Exam that may grant them entry to one of the country’s top MBA programmes this autumn will likely find themselves surrounded by far fewer fellow test takers. The number taking the test has fallen nearly 28 per cent since 2008, to around 200,000 this year, according to Mint newspaper.
In 2009, as the global financial crisis caught up with India, and management degrees became less attractive than a steady job, the number of students appearing for the test began dropping, and for the past two years, it has remained just over 200,000. This despite the fact that there are now 13 prestigious Indian Institutes of Management, as opposed to seven. Continue reading »
One might normally assume that big multinational companies hold a lot of advantages in emerging markets. Besides the financial clout and extensive supply chain options, they have access to the fabled global talent pool and management strategies honed through decades, perhaps even centuries, of experience.
However, research by management consultants Hay Group suggests that multinationals may be putting themselves at a disadvantage to domestic companies in emerging markets through their reluctance to decentralise management responsibilities, and let go of cherished strategies that work in home markets. Continue reading »
Cameras set up at polling booths provided endless hours of amusement on Russian election day earlier this month. Now Rostelecom, the Russian phone company, is looking to get more mileage out of the video surveillance system it helped install.
As Rostelecom announced today, the Rb13bn ($440m) video surveillance project will live on, helping to transmit classroom lessons via the web and provide more security in schools. Continue reading »