Squandering our skills

2008-07-29 00:00

In a fiercely competitive world the top performing countries are those who are able to produce cutting-edge skilled people and keep them, if not lure them from elsewhere. Investing in human capital, which includes building an educated workforce, is one of the main reasons for the success of the East Asian Tiger economies.

Secondly, to think that South Africa could “manage quite well, thank you”, when it loses skilled people to other countries is to misunderstand what makes some countries excel and others remain in the lower divisions. Of course, many talented people will always want to broaden their horizons, skills and experience by studying or working abroad. And many will return with more skills.

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