ICEF Monitor – Is Asia ready to be the next higher education superpower?
10 Jun 2015
A high-level trends report from PricewaterhouseCoopers (PwC) predicts that, by 2050, the world will see a dramatic shift in global economic power away from advanced economies and toward Asia and a block of faster-growing emerging economies.
The PwC analysis was released in February of this year. A month later, the Institute of International Education (IIE) published Asia: The Next Higher Education Superpower?, the latest book in IIE’s Global Education Research series and a rather stark illustration of how the global playing field for higher education has already begun to move.
The book argues that an extended period of unmatched economic growth in Asia has helped to drive significant social change as well, including the emergence of a large middle class and a greater openness to regional and world markets.
By 2020, the People’s Republic of China alone will account for 30% of the world’s university graduates between the ages of 25 and 34. India, Asia’s third largest economy, is projected to add 300 million people to its workforce over the next two decades – the equivalent of the entire US population.”
“Read the full article on ICEF Monitor” – Source: http://monitor.icef.com/2015/06/is-asia-ready-to-be-the-next-higher-education-superpower/