Topic: Your economic competitor is at the other side of the globe - page 2. (Read 230 times)

I know that education is one of the most important things for a successful economy but I don't think it should be the only one that the government should be focusing on doing as there is a lot of cases where even though there is a lot of their citizens graduating at higher education and there are no jobs for them to get employed after they will just be left out as one of the unemployed people after graduating. They are either forced to move out of that country or just take a master's course just to get qualified on one of the jobs or at least get employed. Governments should at the same time attract foreign investments as well as create laws on encouraging citizens on creating their own company so that it ensures all the graduates to have jobs for them after they graduate.

Broadly speaking, the curriculum is a guideline for running the education system in a country, in this case each country has its own version of the curriculum. Depending on how centralized a country is, for example in developing state funds, it is clear that the curriculum implementation system will be very different. If you look at the curriculum at the education level in Finland, is it the same as the curriculum in African countries? that's the reason why every country can't be on one line.

The reason is, this country is dominated by technology because it is capable and also capable of all affordable technology sectors. However, in contrast to the curriculum application system in developing countries, they will focus on the development of the country, so that they can catch up with the sectors that have been determined. the curriculum is usually built on the legal and philosophical foundations of the state. China with a communist curriculum system, which we already know how progress is, has surpassed a country that adheres to a basic democracy curriculum.

Seems correct. The curriculum needs to be upgraded right from the school level where basics of crypto currency’s shall be added. This subject could teach the students with whole new realm of technological advancement. I remember how schools started teaching the “coding”/“programming” in the junior classes so that students can go to the information technology subject area or improve their basics right from the beginning. In similar fashion this can be done with crypto space.

We are really in the premature stage and such decisions could be game changer.

I think what we should teach the younger ones isn't about competition. Well, it's given that there's a serious competition for everything that we do, in career, jobs, talents and other things that we might think competition is necessary. But that's shouldn't be the focus of opening their minds.
What we should open to them is that they are unique and have their own greatness that can be appreciated by themselves. There's a big problem about having that confidence because we're already giving them the discouragement about being a competitor even though, they can be good in their own terms and ways.

i live near a call centre and their 'clients' are mostly american pre 2020 year. i could see the office was lit up 24/7 with the 'peak shift' being 2pm-11pm. (50% of carpark leaving at 11pm) and no they didnt get double time for unsociable hours(that was for the midnight+ shift)
during covid. the office was dark and looked abandoned. the carpark was empty every day. but atleast the streets were quieter so +3 for that

what i see happening is british businesses subcontract their support system to india and america subcontract their support lines to the UK

as for office space. the WFH people only 'meet up' at a local/regional 'rent-an-office' place once a month so they can celebrate their best employees and spank the worse employees.
it was like a 3 day event. 1/3 of employees per day to spread them out for 'covid security'
(my neighbour works from them and instead of a 600m walk to the office its now a 3mile drive into town once a month)

so far the excuse for not using the home office they still pay for, it was that the office was not 'covid safe' so they had to use another location
i can see this continuing even after covid because its cheaper to rent a conference room for 1-4 day a month, rather than maintain an office all month just to be used <10% of the time

i can see the benefits of uk call centres seeking clients in america.. their population is 5x greater meaning 5x oppertunity to seek work than they would get 'staying local'

but i dont see companies that do WFH maintaining their current office space. they will just end their lease and downgrade or just 'rent-a-room'
i can see many leases expiring in 2021 not being extended. because many in 2020 were not extended

Why would someone compete in terms of economics? That is the job of my government, everyone has their role in making an economic progress so doing your role and not worrying about the role of the others will make for a better progress.

Whilst I'm sure there will be more WFH after the Covid pandemic subsides, I don't think it will be an abrupt 100% shift. Big companies have obviously seen that WFH is viable, and they can massively reduce the overhead of maintaining expensive physical offices... but many companies I think are not ready for 100% WFH. The near future I think for many large companies with white collar jobs that can be done remotely will be a hybrid model where you still go into the office x days a week, and WFH the rest. This way they can reduce office space and costs without throwing it away entirely. Businesses tend to be cautious. I think physical spaces will retain a foothold, at least for the moment.



I'm in the UK, too. We already have many call centres and outsourced IT jobs in India in order to have cheap English-speaking staff. I imagine this trend will continue, and will promote levelling of opportunities between nations... but there are certainly difficulties with it, one notable example being the time difference. The WFH revolution will of course also help to level opportunities within nations. You'll no longer have to move to London to get a top job... you can WFH, and maybe travel to London once in a while.

Overall I think it's a welcome trend, and should help to reduce inequality of opportunity.

So true. I definitely agree. As you sow to the young generation so shall you reap as a society in the future.

The sad reality is that the education system in my country is generally geared to produce employees. Young brilliant students are honed to accurately and efficiently follow instructions and produce exactly that which is asked. Promising young men and women are shaped into perfect followers who perform as instructed. This system produces slaves.

While young students in Japan are coming up with technological inventions, young children in my country only dream of a decent regular salary someday. While the younger generation somewhere else are taught to become entrepreneurs, leaders, businessmen, and so on, the younger generation of my country are taught patience and hard work which roughly translates into not quitting from a 12-hour/6-day per week job which pays minimum salary.

When a professor tells his/her students to just be patient because hard work pays later on; when he/she is encouraging students by citing rags to riches stories of old CEOs who used to be mere janitors, there is already something terrible wrong in the mindset.

With more people losing jobs left and right, this competition for work and for a better economy will only get tighter against multiple countries. Companies are much better off hiring people overseas that they could pay less than what the regular American is supposed to be given, this creates the problem and altogether costs locals their jobs. They could try to do the same with other countries but the number of nations that could handle this is relatively small right now.

yep the latest trend of 'work from home' that governments want to get businesses to try.. will back fire

im in the UK and many businesses have found out that the work at home method actually makes businesses realise how not needed some roles are.
yep even when people could have been furloughed and paid by government. so no cost to the business. the business didnt want to just keep them 'on the books' but instead handed them their 'your fired' papers.

they then prepared to recruited others who could do the job cheaper for when the business reopens. and those people dont have to be local
indian call centres own the majority of UK call centre employment.

heck i can easily see america not wanting call centre staff to work from home at $15/h
when they can just remote hire british staff at $10($8.90) to ensure they have cheap english speaking staff
then the company doesnt have to worry about income tax.medical care.

It is true that children are the future, it is also true that if you properly educate a child, you have set the pace for development. Countries of the world that are still behind in this age, in terms of technology, exposure and curriculum need to begin to seek ways to be better.
   
 It is very sad, but i must say that some political leaders in some of these countries that need exposure for the younglings have travelled and visited other better performing countries and have seen things for themselves, but as a means to subject and keep its people in lack, it has refused to import such amenities and curriculum to its domain.

This is obviously not the point. At least India is referred to a third world country while US or EU is referred to a developed country, so they may not be in class of comparison. But for a third world countries, India is definitely doing well in technology in that class. Therefore if there should be comparison it should be in the class of third world countries while they look up to advanced nations.

Did you mean China and India is making progress in technologies  by leading the educational reforms and US and EU is slower in these aspects? I think it is good to take names of these countries to clear out any confusion.

BTW, if you have never visited India or China yet, you must go because your jobs have!

Very apt, this is the reality in many developing countries. And those citizens who are truly determined or gifted or fortunate enough to achieve academic excellence usually seeks a more convenient working environment in more developed countries. So the best of the population migrate out and the cycle of illiteracy and unemployment continues.

The most noticable interest are those highly educated labor force in my opinion.
Individuals who emigrate to be used for cheap labor usually would have gotten far lesser pay in their home country, so to then they are being exploited less.

I agree with you, the problem of creating unnecessary occupations is not only bad in the sense that a country's economy will not be competitive, but also creates additional pressure on unemployment in a country. I will give a concrete example where one country educates a large number of teachers, and on the other hand there are fewer and fewer children in schools due to poor demographic policies and emigration. On the other hand, it completely neglects deficient occupations and has to import labor to keep some sectors functional.

It is true that everyone reaps what they have sown, and countries with a poor education and science system are usually at the bottom of the scale when it comes to development. While there is something called ordinary incompetence that results in a lot of bad things, there is also a conscious intention to keep people as poorly educated as possible - because they are much easier to govern than those who are educated.

If we were to put things in a global context, then we could conclude that it is in the great interest of some for others to be less educated, as they are usually used as cheap imported labor.

This is even more true in jobs where your physical presence is not needed, now you are literally competing against all people around the world, and if you can do a job but the other person can do it for half the price then the other person is getting the job regardless of the quality of the service.

This is why it is important to try to improve yourself and invest in your education as that can be the difference between getting the job or not, and in a job market as complicated as the one we are facing due to the pandemic you cannot afford to lose against your competitors just because you were too lazy to keep improving yourself.

Your economic competitor is no longer your next door neighbour but the guy in the next side of the globe. A country that wants to know how far they have grown or measure there progress level should have a check on other countries of the world. Take children in school for example with others in other countries especially in lower classes (using the catch them young slogan), you can rate the level of their learning capacity and what they are taught in their curriculum. If children in one country is still learning the basics and rudiment of mathematics and children in same class in another country is already far ahead in technology, manufacturing and building technological equipment, you should know what economic impact the future will become. What you have is what you will give. People are a function of their environment and will impact the environment in the best way they know. So is wise to give the young ones the necessary and basic knowledge required because the society and economy will be the benefactor at the long run.