Wednesday, April 6, 2011
Education: the greatest constraint to India's growth?
The Wall Street Journal ran an illuminating article today on the deficiencies in India's education system, particularly its institutions of higher education. It paints a bleak picture of these schools' efforts to train young Indians for participation in the industries powering the Indian economy's growth, such as information technology services. The shortage of qualified workers places at risk one of India's greatest advantages: its cost advantage for skilled labor. Whether India can successfully address the educational system's weaknesses will go a long way toward determining whether India's economic rise will continue.