Download or read book Programme Choice and Labour Market Prospects of University Graduates in India Amid Market Crisis written by Bharat Chandra Rout and published by . This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Higher education policy and planning in most of the crisis-affected countries have shown a mixed response to the problems of world market crisis started in mid 2008. Some countries have cut back on spending on universities (i.e. Eastern Europe), still others have national education plan to set up new institutions and strengthening the existing ones by assuring large share of public funding to enhance trends of Gross Enrolment Ration in higher education (i.e. India and China). Under this backdrop, it is quite significant to know, what is the present trend of student choice of academic programmes in Universities of developing country like India? In other words, whether there has been a reversible trend in opting for non-market courses or courses that have higher market value? Second, what are the factors impacting the choice of academic courses among students in higher education after financial crisis in world market? Third, what have been the changing prospects of labour market employment of university graduates? Lastly, what are the factors (including market related factors) responsible for drop out of university students in situations of post-market crisis? I employ a combination of quantitative and qualitative techniques to answer these questions. The study uses primary data collected from purposively selected two Indian Universities, i.e. Jawaharlal Nehru University (JNU), New Delhi and Utkal University (UU), Bhubaneswar, Odisha. 482 Graduate and above level of students were randomly invited to participate in the survey. The survey was designed to seek information on students' choice of academic courses, factors impacting such choices, their prospects for labour market employment and on their socio-economic profile. Apart from the survey questionnaire, the study interviewed both students and teachers to explore the more qualitative and interactive factors affecting graduate choice of course and labour market aspirations of university graduates in India. Main Findings The study finds statistically significant relationships between choices of course, motivations for such choice, annual family income, caste and marks/grades obtained in under-graduate stages with that of the prospects for labour market employment for university graduates in two universities. Increasingly the share of university graduates are seen to have expressed their interest to join in academics followed by Research/think-tank other than in private sector companies or even administrative sector. The fact that large part of Indian academic and research organizations and activities are controlled by Government and therefore a crisis in such job is less likely to happen in public/government sector compared to vulnerable private sectors. Even though the administrative jobs like (Indian Civil Services) are in public sector and provides an assured job security, but specific entry requirements (particularly that of age and aptitude) to those services is rarely met with university graduates. Further, the programmes like Language studies graduates are now more likely to show their interest in academic sectors than in private sector. Evidently, the cross-border market transaction and business in India have had specific requirements of language personnel to facilitate the business process in multilingual territories and the closing and slow extinction of such business shops particularly BPOs from India is seen to have reversed the process of choice into academic as their career. The study finds that around one -third of total sample university graduates are not sure about their prospects and choice of labour market after completing their Study. The vulnerability is strongly and statistically associated with the course (i.e. MA/MCA/M.Phil/PhD etc.) the programme (i.e. Social Sciences and Humanities, Sciences and Management and Law), Annual Family income (in Rupees), Social identity of the graduate, and the university in which they have enrolled (Central/National or State-level). A Logit Analysis was run to know the possible market related and other factors influencing the graduate thinking to drop out from their study. The study found that the influence of parental education and income and social identity of the student is more prone to make him/her think to drop out compare to the perceived market fetching of the course of study. Further, the location and nature of university (in this case, whether the university is a Central or State University) in which graduates are produced influences students thinking to drop out. More than two times students from State University are found to have been thinking to drop out compare to Central University. The students availing reservation/quota during admission into graduate programmes in Indian Universities are more than one time less found to have been thinking to drop out compare to students availing other provisions of affirmative action available in Indian universities. Coupled with graduate affirmative action, parental education is found to be significant as a factor associated with students thinking to discontinue the study. Students with illiterate or primary schooling parents are more than two times likely to drop out from the study compare to parents of the students with graduate and above level of education. For those graduates who have had a history of dropping out and join back again in the study are more than one time vulnerable to drop out compare to students who have never discontinue their studies. Policy Implications Amid financial crisis, given the influential role of the capacity of household to meet the educational costs of their children the State policy should strive to minimize the possible gap in widening of inequalities in access to higher education which subsequently will result in polarization of society. Social access to higher education is significant in terms of public funding and management. The perceived reversible trends in choice of course and vulnerability in prospects for employment among university graduates can be attended through sustained public policies for assured courses/programmes and by employment generation for them which may require controlled functioning of the devastating forces of market and international higher education. The scope for cross-border higher education is substantial not only in terms of knowledge sharing and profit making, but have larger implications for sustained growth and development.
Download or read book Global Trends 2040 written by National Intelligence Council and published by Cosimo Reports. This book was released on 2021-03 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Download or read book Rethinking the American Labor Movement written by Elizabeth Faue and published by Routledge. This book was released on 2017-04-28 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rethinking the American Labor Movement tells the story of the various groups and incidents that make up what we think of as the "labor movement." While the efforts of the American labor force towards greater wealth parity have been rife with contention, the struggle has embraced a broad vision of a more equitable distribution of the nation’s wealth and a desire for workers to have greater control over their own lives. In this succinct and authoritative volume, Elizabeth Faue reconsiders the varied strains of the labor movement, situating them within the context of rapidly transforming twentieth-century American society to show how these efforts have formed a political and social movement that has shaped the trajectory of American life. Rethinking the American Labor Movement is indispensable reading for scholars and students interested in American labor in the twentieth century and in the interplay between labor, wealth, and power.
Download or read book The New Division of Labor written by Frank Levy and published by Princeton University Press. This book was released on 2012-11-26 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the current recession ends, many workers will not be returning to the jobs they once held--those jobs are gone. In The New Division of Labor, Frank Levy and Richard Murnane show how computers are changing the employment landscape and how the right kinds of education can ease the transition to the new job market. The book tells stories of people at work--a high-end financial advisor, a customer service representative, a pair of successful chefs, a cardiologist, an automotive mechanic, the author Victor Hugo, floor traders in a London financial exchange. The authors merge these stories with insights from cognitive science, computer science, and economics to show how computers are enhancing productivity in many jobs even as they eliminate other jobs--both directly and by sending work offshore. At greatest risk are jobs that can be expressed in programmable rules--blue collar, clerical, and similar work that requires moderate skills and used to pay middle-class wages. The loss of these jobs leaves a growing division between those who can and cannot earn a good living in the computerized economy. Left unchecked, the division threatens the nation's democratic institutions. The nation's challenge is to recognize this division and to prepare the population for the high-wage/high-skilled jobs that are rapidly growing in number--jobs involving extensive problem solving and interpersonal communication. Using detailed examples--a second grade classroom, an IBM managerial training program, Cisco Networking Academies--the authors describe how these skills can be taught and how our adjustment to the computerized workplace can begin in earnest.
Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1997-01 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.
Download or read book Academia s Billion Dollar Roulette written by Ken-Tye Yong and published by Taylor & Francis. This book was released on 2024-07-18 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how in a rapidly shifting world, higher education has found itself at the crux of socio-economic, demographic, and technological transformations. This book dives deep into this evolving landscape, navigating the vast complexities of global higher education and its cultural implications. From demographic challenges and economic pressures to the game-changing implications of Artificial Intelligence, this book paints a holistic picture, highlighting the intersections and potential futures of academia. Equipped with meticulous research, global case studies, and enlightening expert opinions, this book offers a rich tapestry of insights that cater to a diverse array of readers. As universities grapple with uncertainties, this book emerges as a compass, offering actionable insights, strategies, and foresight into the transformative potential of various factors. It’s not just a diagnosis of the current state but also a prescription for the road ahead. This book distinguishes itself as a unique and essential discourse in the realm of educational literature, presenting a rich, multidimensional analysis of the crossroads at which higher education currently stands. This book is not just an academic treatise; it is a clarion call to action, urging universities, policymakers, educators, and students to engage deeply with the transformative challenges and opportunities presented by the digital age. This book is tailored for a broad spectrum of readers including Higher education policymakers, university administrators, and educators will find it particularly invaluable. Yet, its accessible language and engaging narratives also appeal to students, and anyone curious about the trajectory of higher education in our rapidly changing world.
Download or read book Graduate Employability in Context written by Michael Tomlinson and published by Springer. This book was released on 2016-10-31 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the highly significant and contested area of graduate employability and employment which is paid so much attention by those in the media and policy-makers. This is driven largely by concerns over the wider economic impact and value of graduates as increasing numbers complete their studies in higher education. At a time when graduates are seen as key to economic success, the critical question remains as to how their employability plays out in a changing labour market. This book brings together innovative approaches and research to present an extensive survey of the field. It provides insight on what is a complex and often elusive social and economic problem, ranging from how graduate employability is constructed as an economic and policy agenda to explorations of how graduates manage the transition from higher education to paid employment and finally to suggest future directions for curricula, policy and research.
Download or read book The New York Times Index written by and published by . This book was released on 2009 with total page 1588 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Selections from Regional Press written by and published by . This book was released on 2007-10 with total page 752 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Global Economic Prospects June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
Download or read book Choice written by and published by . This book was released on 1989 with total page 930 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fourth Industrial Revolution written by Klaus Schwab and published by Currency. This book was released on 2017-01-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: World-renowned economist Klaus Schwab, Founder and Executive Chairman of the World Economic Forum, explains that we have an opportunity to shape the fourth industrial revolution, which will fundamentally alter how we live and work. Schwab argues that this revolution is different in scale, scope and complexity from any that have come before. Characterized by a range of new technologies that are fusing the physical, digital and biological worlds, the developments are affecting all disciplines, economies, industries and governments, and even challenging ideas about what it means to be human. Artificial intelligence is already all around us, from supercomputers, drones and virtual assistants to 3D printing, DNA sequencing, smart thermostats, wearable sensors and microchips smaller than a grain of sand. But this is just the beginning: nanomaterials 200 times stronger than steel and a million times thinner than a strand of hair and the first transplant of a 3D printed liver are already in development. Imagine “smart factories” in which global systems of manufacturing are coordinated virtually, or implantable mobile phones made of biosynthetic materials. The fourth industrial revolution, says Schwab, is more significant, and its ramifications more profound, than in any prior period of human history. He outlines the key technologies driving this revolution and discusses the major impacts expected on government, business, civil society and individuals. Schwab also offers bold ideas on how to harness these changes and shape a better future—one in which technology empowers people rather than replaces them; progress serves society rather than disrupts it; and in which innovators respect moral and ethical boundaries rather than cross them. We all have the opportunity to contribute to developing new frameworks that advance progress.
Download or read book Our Common Future written by and published by . This book was released on 1990 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Globalization Paradox written by Dani Rodrik and published by OUP Oxford. This book was released on 2012-05-17 with total page 442 pages. Available in PDF, EPUB and Kindle. Book excerpt: For a century, economists have driven forward the cause of globalization in financial institutions, labour markets, and trade. Yet there have been consistent warning signs that a global economy and free trade might not always be advantageous. Where are the pressure points? What could be done about them? Dani Rodrik examines the back-story from its seventeenth-century origins through the milestones of the gold standard, the Bretton Woods Agreement, and the Washington Consensus, to the present day. Although economic globalization has enabled unprecedented levels of prosperity in advanced countries and has been a boon to hundreds of millions of poor workers in China and elsewhere in Asia, it is a concept that rests on shaky pillars, he contends. Its long-term sustainability is not a given. The heart of Rodrik’s argument is a fundamental 'trilemma': that we cannot simultaneously pursue democracy, national self-determination, and economic globalization. Give too much power to governments, and you have protectionism. Give markets too much freedom, and you have an unstable world economy with little social and political support from those it is supposed to help. Rodrik argues for smart globalization, not maximum globalization.
Download or read book Vocational Education and Training in Times of Economic Crisis written by Matthias Pilz and published by Springer. This book was released on 2016-12-20 with total page 494 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together a broad range of approaches and methodologies relevant to international comparative vocational education and training (VET). Revealing how youth in transition is affected by economic crises, it provides essential insights into the strengths and weaknesses of the various systems and prospects of VET in contexts ranging from North America to Europe, (e.g. Spain, Germany or the UK) to Asia (such as China, Thailand and India). Though each country examined in this volume is affected by the economic crisis in a different way, the effects are especially apparent for the young generation. In many countries the youth unemployment rate is still very high and the job perspectives for young people are often limited at best. The contributions in this volume demonstrate that VET alone cannot solve these problems, but can be used to support a smooth transition from school to work. If the quality of VET is high and the status and job expectations are good, VET can help to fill the skills gap, especially at the intermediate skill level. Furthermore, VET can also offer a realistic alternative to the university track for young people in many countries.
