Singapore: India and China, whose combined
population is over 2.5 billion, provide millions of youths
with quality education in fields like engineering and business
management that would help the two Asian giants lift their
economies, according to a new report.
One of the keys to Asia`s economic success to date and
its prospects for further progress is the high quality of
education that exists -- in terms of both the systems in place
and strong emphasis that different Asian cultures place on
giving their children the best education possible, said the
report released by the Hong Kong-based Political & Economic
Risk Consultancy Ltd (PERC).
The report entitled "Asians Enrolled in US Universities"
also raised a question as to which country would benefit the
most from this talent.
It observed that China and India are training millions
of their best and brightest in such professions as engineering
and business management and these countries should have the
depth of the talent to lift their economies forward.
Citing Asian student intake by US universities, it said
India ranked third biggest source of international students
with 15,192 undergraduates, 68,290 graduates and 1,758
non-degree course attendees enrolled in 2009-10.
China topped the list during the same year with 39,921
undergraduates, 66,453 graduates and 10,251 non-degree course
attendees, followed by South Korea with 36,234 undergraduates,
23,386 graduates and 6,671 non-degree course students, said
the PERC report, quoting data from the Institute of
Considering various options, including family and peer
support, the report pointed out that "Asia is grooming more
high-quality human capital than any other region in the world,
and countries that can make the best use of this capital could
have a strong competitive advantage over other countries in
the years ahead."
While the Asians were looking to the West, and
particularly to the US, for advanced education, the host
countries need to make these students feel welcomed, it said.
The report also pointed out that difficulties for visas
and employment opportunities in these countries were
increasing, especially in the US, and the anti-immigrant
movements were making the Asians uncomfortable.
It noted the US and European universities` "export" of
technology by setting up campuses in Asia, namely Singapore
and China, where primary and secondary education was already
above the US and European standards.
Their western universities` campus relocation to these
countries would allow the built up of education systems to
match or exceed the highest western standards in education, it