Sat. Aug 20th, 2022

Globalization: the development of an increasingly integrated global economy marked especially by free trade, free flow of capital, and the tapping of cheaper foreign labor markets, this definition supplied by Webster’s dictionary. To put this in a more condensed frame, this is when trade extends beyond goods into jobs and careers that will shape the economic growth of tomorrow. With such a comprehensive subject, one can only imagine the impact that this trend, which has been developed meticulously over the past twenty years, will have on future generations. We have to cope with the realization that America no longer serves as the only power in the world, as China has the fastest growing economy. The inevitable global economic impact, which has captivated the political minds, leaves the success-driven person to consider the old English proverb “if you can’t beat them join them.” This requires furthering your education and taking advantage of the opportunities in front of you.

Recently, President Barack Obama stated, “Most of the new jobs being created will require some higher education, when countries that out-educate us today will out-compete us tomorrow,” read the excerpts here. With some 63% of all jobs created by 2018 holding this mandate, the future of American economic security, as world leader in innovation and technology, requires highly-educated citizens able to compete in a global economy.

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When one receives a degree they gain valuable, in-depth understanding of their chosen field and an understanding of how to acquire more knowledge. The most important skill gained is training the mind to be an analytical thinker. Lastly, there is also an earned sense of accomplishment and proof of how persistence can pay dividends. This is not to say that one cannot possess these qualities naturally, but they will be enhanced during pursuit of a degree. These type of thinkers who not only expand their level of knowledge, but their thirst for more knowledge translates into increased results and solutions that will shape the face of the earth tomorrow.

China has gone as far as to eliminate degree programs that do not lead to marketability in the job market, which is documented here. Although this may be unsettling to the American free thought leaders, it also shows the mentality of other global powers in respect to education. This shows a trend of laser-focused attention on beneficial education programs that will make their workforce more competitive in a worldwide market. In essence, they are preparing for a generation that has education, skill sets, and computer literacy to make outsourcing of more American jobs possible. This change in global trends is being seen as a tragedy by most of western society; however it is heralded as strategic genius by developing countries trying to contend in a worldwide employment market.

India and the Philippines have the second and third largest population of English speaking citizens in the world, find this article here. Despite the slight accent, companies are realizing that the vast American majority only cares about comprehension (not origin) when customer service is involved. This has created a global market of employee seekers who have mastered the English language and become more proficient writers as education is top priority in these countries. Overall, the U.S. comes out as an average performer in reading (rank 14 in OECD) and science (rank 17) but the U.S. drops below the OECD average in mathematics (rank 25), see the article here.

By rahul