Report Roundup

Developing Nations Seen Catching Up

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The number of college graduates in developing countries is increasing rapidly, tilting the balance away from developed nations who have long been the leaders in higher education, concludes an analysis from a business-research group.

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The New York City-based Conference Board found that in countries classified as less developed by the United Nations—including Afghanistan, Angola, Bangladesh, Cambodia, Guinea, Haiti, Samoa, Senegal, and Yemen—access rates to primary and secondary education are rapidly approaching advanced country standards.

The report says that while those education trends bode well for the development process in such countries, workers in advanced countries today are going to face an exponential increase in competition from the “unleashing of this new economic energy.”

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