High School Enrollment in the Country of Jordan

1192 WordsJan 30, 20185 Pages
What would be the next step for Jordan after reaching a 99% of school enrollment (World Bank, 2014)? No matter what it decides to do, it has to take globalization and knowledge into account. Globalization is a foreseeable phenomenon in human history which has been bringing the world together through the exchange of goods and products, information, knowledge and culture (World Bank, 2013). Governments may decide to avoid it or accept it, but in either ways they cannot overlook the extensive impact it has on different sectors, mainly economy, and education is not an exception. Globalization is considered one of the clouts that have an influence on economic development. Likewise, knowledge, such as information, education and skills, has become the most important factor for sustaining economic growth (World Bank, 2002). Due to that, the term Knowledge Economy has emerged in recognition to the role of knowledge and technology in economic growth. Countries, nowadays, should be more “dependent on the production, distribution and use of knowledge” (OECD, 1996; p. 9). Knowledge is, generally, associated with and manifested through human capital, which refers to the people and their knowledge, abilities, skills and competences (Keeley, 2009). So, how would a country measure the extent of knowledge it has? Knowledge Economy Index (KEI) is a record that was developed by the World Bank to gauge the amount of knowledge a country have based on four main pillars; 1) economic incentive
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