China-Pak­istan Eco­nomic Cor­ri­dor and Chal­lenges of Qual­ity La­bor-force

The Diplomatic Insight - - Special Supplement on China Pakistan Economic Corr -

It is not al­ways the ques­tion that how eco­nomic cor­ri­dors to be spread out, but how eco­nomic cor­ri­dors to be sus­tained? For their sus­tain­abil­ity the qual­ity la­bor force can play a piv­otal role, which de­pends on education, train­ings, physique and health. La­bor qual­ity is al­ways be mea­sured by its do­main knowl­edge, soft skills like lead­er­ship and man­age­rial qual­ity, cre­ativ­ity, and the abil­ity to learn and adapt to the chang­ing en­vi­ron­ment. For tak­ing the ad­van­tages of the China-Pak­istan Eco­nomic Cor­ri­dor we need to in­crease per­cent­age of pro­fes­sion­als, man­agers, ex­ec­u­tives, and tech­ni­cal work­ers rather than the un­skilled la­bor­ers/work­ers. Of course Chi­nese part­ners will not only build the re­quired in­fra­struc­ture, but also make Pak­istan a key col­lab­o­ra­tor, thus they will be ex­pect­ing for highly skilled pro­fes­sion­als in or­der to re­tain and sus­tain this part­ner­ship with eco­nomic and strate­gic am­bi­tions. Pak­istan, which is the 10th largest coun­try in the world ac­cord­ing to the size of the la­bor force, the coun­try has the bless­ing of the de­mo­graphic div­i­dend. The pop­u­la­tion be­tween age of 15-49 are am­bi­tions. It will be a great wastage of hu­man re­source if the youth are not given an op­por­tu­nity to ex­er­cise their tal­ents. In facts, the coun­try has higher pop­u­la­tion growth (1.95 per­cent) as com­pared to jobs pro­vi­sion; that is why un­em­ployed are in­creas­ing by 2 mil­lion peo­ple an­nu­ally. Stud­ies have shown that in­vest­ments in hu­man cap­i­tal are es­sen­tial for sus­tain­ing eco­nomic growth over time. The United States, Ja­pan, France, Ger­many, and many other na­tions have sus­tained eco­nomic growth over the past cen­tury, while spend­ing on their hu­man re­source. Heavy in­vest­ment in worker train­ings and a bet­ter ed­u­cated, la­bor force are given credit for much of the growth in per-capita in­come and eco­nomic pro­duc­tiv­ity. For ex­am­ple: a com­par­i­son of mod­ern, ed­u­cated farm­ers with farm­ers in tra­di­tional economies shows the need for ed­u­cat­ing work­ers to help them cope with chang­ing tech­nolo­gies. While as an econ­o­mists we have been able to demon­strate a sta­tis­ti­cal re­la­tion­ship be­tween education and earn­ings since long. That is, higher earn­ings are di­rectly pro­por­tion­ate with more education and train­ings. The the­ory that more education is a causative fac­tor in higher earn­ings highly ed­u­cated in­di­vid­u­als have the abil­ity, self-dis­ci­pline, and mo­ti­va­tion; such in­di­vid­u­als tend to do well in the la­bor mar­ket. Con­trary, due to our cur­rent education sys­tem (ex­cept a few parts of the coun­try) we are los­ing our edge in the world, our stu­dents are not prop­erly ed­u­cated and feel en­ti­tled to work af­ter high school/ col­lege no mat­ter they are skilled or not. Ei­ther the cur­ricu­lum is con­tin­u­ally wa­tered down and made in­of­fen­sive, or no re­quired at­ten­dance (75 per­cent) is be­ing main­tained for ex­am­i­na­tions. More­over, the ed­u­ca­tional in­sti­tu­tions, which means they guar­an­tee for their qual­ity and per­for­mance, but most of the in­sti­tutes are plagued by have be­come fac­to­ries that pump out un­equipped peo­ple (low-qual­ity la­bor force). In Pak­istani ru­ral set­tings, due to the poverty ma­jor­ity of par­ent can­not send their kids for higher education and try to have jobs on a met­ric ba­sis (10 years of stan­dard education); they think that their kids may start earn­ing no mat­ter how much. That is only rea­son that in Pak­istan a per­son has pri­mary education (even doesn’t know

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