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From $10 billion to $680 billion: South Korea’s glory road to export-driven prosperity Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
In U.S. economic development, it is rare to find practitioners focused on education as a strategy for job growth and increasing the median wage. Instead, the focus is typically on attracting companies and high-skilled talent to boost job and revenue generation. I don’t argue this is not an important strategy, but it is only one half of the solution. Focusing on job creation while underinvesting in the local talent pipeline will exacerbate existing inequalities, frustrate employers seeking local talent, and stunt local economic growth. The one-sidedness of our approach is concerning, but wha...