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A	
  Compara)ve	
  Analysis	
  of	
  
Educa)on,	
  Employability	
  and	
  
Economic	
  Growth	
  Across	
  
three	
  Small	
  Island	
  States	
  
	
  
	
  
	
  
	
   1	
  
Madhumita	
  BhaAacharya	
  &	
  Steven	
  Coombs	
  
School	
  of	
  Educa)on	
  
Faculty	
  of	
  Arts,	
  Law	
  and	
  Educa)on	
  
Educational	
  and	
  Economic	
  
Opportunities	
  and	
  Challenges	
  
into	
  the	
  Future
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
A “smaller world”, more connected by technology and transport
A mounting information and new media tidal wave that needs
info-literacy as an educational and economic goal.
Global economic swings that affect everyone’s jobs and
incomes – greater vulnerability for small island states
Strains on basic resources:- water, food, and energy
The acute need for global cooperation and partnerships to
resolve environmental challenges and sustainability issues
Increasing concerns about privacy, security, and terrorism
The economic necessity to innovate to be globally competitive,
i.e. Knowledge Economy and the role of HEIs
Relationship of Higher Educaiton
and Economic Growth
•  We cannot underestimate the power of
continuing education after high school, says
Jamie Merisotis, President and CEO of The
Lumina Foundation.
•  Higher Education for some people is not only an
educational issue, but an economic one and a
globally competitive one at that.
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Sustainable Educational and
Economic Development (SEED©)
Economically
Responsive
Education
Self-
Employability
Employment
Creation
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Social &
Community
Educational
Economic
Three Innovations of
Sustainable Development
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Rationale of SEED linked to the Three
Islands Comparative Research Study
•  To compare and contrast socio-educational and
economic trends across three similar Small Islands
States (SIS) to see what we can learn
•  Contrasting the social, educational and economic data
we can identify baseline patterns for sustainable growth.
•  Further research can identify linkages with social,
educational and economic policy and practice with useful
recommendations
•  Further SIS research can widen the study to other similar
cases across the three main global theatres/regions
Mauritius
Fiji
Jamaica
Three Theatres of Small Island States: Indian Ocean, Pacific, & Caribbean
UNESCO Regional Universities USP, Univ. of West Indies
Geographical locations
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Unemployment – three country
comparison: Fiji, Mauritius, Jamaica
7.6%
8.1%
14%
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Comparative Analysis of Education Data - 2012
Category Fiji Mauritius Jamaica
Literacy Rate 93.7% 88.8% 88%
Secondary School Leaving Age 19 18 17
Educational Index 0.81 0.66 0.75
World Ranking (Out of 215) 100# 135# 137#
Tertiary Enrolments 2003 15.77% 16.56% 21.64%
Tertiary Enrolments 2005 16.15% 20.19% 21.34%
Tertiary Enrolments 2012 N/A 30.82% 40.32%
Why is it then that increases in HE enrolment rates does
not necessarily translate into improved economic
development? Complex set of issues.
Key Sources: World Bank socio-economic data 2012, webometrics (HE data),
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Comparative Analysis - 2012
Category Fiji Mauritius Jamaica
Population .897 m (1) 1.32 m (1.47) 2.91 m (3.24)
Industrial Production Growth 4% 2.5% -2.4%
GDP per Capita USD 4.9K 15K 8.9K
Unemployment Rate 7.6% 8.1% 14%
Internet 12.83% 22.09% 54.72%
Secure Server (e-commerce) 36/m 132/m 51/m
Exports Value USD 0.90 b 2.67 b 1.75 b
Urban Population Growth 1.54% 0.46% 0.36%
Rural Population Growth -0.05% 0.39% 0.04%
Population Below Poverty line 31% 8% 16.5%
Geographical Area 7056 miles2 787 miles2 4444 miles2
Domestic Credit to Private Sector 78.42% 100.72% 28.85%
Domestic Credit provided by Banks 117.09% 113.63% 51.52%
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Comparative Analysis - 2012
Category Fiji Mauritius Jamaica
Population .897 m (1) 1.32 m (1.47) 2.91 m (3.24)
Industrial Production Growth 4% 2.5% -2.4%
GDP per Capita USD 4.9K 15K 8.9K
Unemployment Rate 7.6% 8.1% 14%
Internet 12.83% 22.09% 54.72%
Secure Server (e-commerce) 36/m 132/m 51/m
Exports Value USD 0.90 b 2.67 b 1.75 b
Urban Population Growth 1.54% 0.46% 0.36%
Rural Population Growth -0.05% 0.39% 0.04%
Population Below Poverty line 31% 8% 16.5%
Geographical Area 7056 miles2 787 miles2 4444 miles2
Domestic Credit to Private Sector 78.42% 100.72% 28.85%
Domestic Credit provided by Banks 117.09% 113.63% 51.52%
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Recommendations for Fiji Growth,
Investment and Development
•  Investment in KE and secure broadband services
•  Investment in value-add businesses in the service and
manufacturing sectors
•  Increase in exports in manufacturing and services
•  Increase in self employment and entrepreneurial activities
•  Dynamic and responsive educational system – innovations
in knowledge and methods
•  New approach towards fast leveraging of IP and patents
•  Increase HE participation and retention rates
•  Move towards SIS internal and external partnerships –
cross agency, government, industry development projects
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
New thoughts –
reconceptualisation of edunomics
•  Paradigm shift in the role and definition of edunomics
to underpin the emerging SEED approach as part of
the post-2015 SDG agenda (see Ref’s)
•  Financial management for education model of
edunomics needs to shift towards an economic and
educational investment system for leveraging
sustainable development, i.e. the SEED approach
•  Q & A – further discussion
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
References & Sources
•  http://sustainabledevelopment.un.org/focussdgs.html
•  http://www.un.org/millenniumgoals/2014%20MDG
%20report/MDG%202014%20English%20web.pdf
•  https://www.youtube.com/watch?v=gh2thxojJHU
•  http://country-facts.findthebest.com/compare/
90-107-184/Fiji-vs-Mauritius-vs-Jamaica
Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
Our email contacts:
madhumita.bhattacharya@usp.ac.fj
mmitab@gmail.com
steven.coombs@usp.ac.fj
s.coombs@bathspa.ac.uk

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Fiji Economic Update 2014- Three Small Islands States Comparison

  • 1.                           A  Compara)ve  Analysis  of   Educa)on,  Employability  and   Economic  Growth  Across   three  Small  Island  States           1   Madhumita  BhaAacharya  &  Steven  Coombs   School  of  Educa)on   Faculty  of  Arts,  Law  and  Educa)on  
  • 2. Educational  and  Economic   Opportunities  and  Challenges   into  the  Future Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14 A “smaller world”, more connected by technology and transport A mounting information and new media tidal wave that needs info-literacy as an educational and economic goal. Global economic swings that affect everyone’s jobs and incomes – greater vulnerability for small island states Strains on basic resources:- water, food, and energy The acute need for global cooperation and partnerships to resolve environmental challenges and sustainability issues Increasing concerns about privacy, security, and terrorism The economic necessity to innovate to be globally competitive, i.e. Knowledge Economy and the role of HEIs
  • 3. Relationship of Higher Educaiton and Economic Growth •  We cannot underestimate the power of continuing education after high school, says Jamie Merisotis, President and CEO of The Lumina Foundation. •  Higher Education for some people is not only an educational issue, but an economic one and a globally competitive one at that. Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 4. Sustainable Educational and Economic Development (SEED©) Economically Responsive Education Self- Employability Employment Creation Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 5. Social & Community Educational Economic Three Innovations of Sustainable Development Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 6. Rationale of SEED linked to the Three Islands Comparative Research Study •  To compare and contrast socio-educational and economic trends across three similar Small Islands States (SIS) to see what we can learn •  Contrasting the social, educational and economic data we can identify baseline patterns for sustainable growth. •  Further research can identify linkages with social, educational and economic policy and practice with useful recommendations •  Further SIS research can widen the study to other similar cases across the three main global theatres/regions
  • 7. Mauritius Fiji Jamaica Three Theatres of Small Island States: Indian Ocean, Pacific, & Caribbean UNESCO Regional Universities USP, Univ. of West Indies Geographical locations Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 8. Unemployment – three country comparison: Fiji, Mauritius, Jamaica 7.6% 8.1% 14% Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 9. Comparative Analysis of Education Data - 2012 Category Fiji Mauritius Jamaica Literacy Rate 93.7% 88.8% 88% Secondary School Leaving Age 19 18 17 Educational Index 0.81 0.66 0.75 World Ranking (Out of 215) 100# 135# 137# Tertiary Enrolments 2003 15.77% 16.56% 21.64% Tertiary Enrolments 2005 16.15% 20.19% 21.34% Tertiary Enrolments 2012 N/A 30.82% 40.32% Why is it then that increases in HE enrolment rates does not necessarily translate into improved economic development? Complex set of issues. Key Sources: World Bank socio-economic data 2012, webometrics (HE data), Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 10. Comparative Analysis - 2012 Category Fiji Mauritius Jamaica Population .897 m (1) 1.32 m (1.47) 2.91 m (3.24) Industrial Production Growth 4% 2.5% -2.4% GDP per Capita USD 4.9K 15K 8.9K Unemployment Rate 7.6% 8.1% 14% Internet 12.83% 22.09% 54.72% Secure Server (e-commerce) 36/m 132/m 51/m Exports Value USD 0.90 b 2.67 b 1.75 b Urban Population Growth 1.54% 0.46% 0.36% Rural Population Growth -0.05% 0.39% 0.04% Population Below Poverty line 31% 8% 16.5% Geographical Area 7056 miles2 787 miles2 4444 miles2 Domestic Credit to Private Sector 78.42% 100.72% 28.85% Domestic Credit provided by Banks 117.09% 113.63% 51.52% Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 11. Comparative Analysis - 2012 Category Fiji Mauritius Jamaica Population .897 m (1) 1.32 m (1.47) 2.91 m (3.24) Industrial Production Growth 4% 2.5% -2.4% GDP per Capita USD 4.9K 15K 8.9K Unemployment Rate 7.6% 8.1% 14% Internet 12.83% 22.09% 54.72% Secure Server (e-commerce) 36/m 132/m 51/m Exports Value USD 0.90 b 2.67 b 1.75 b Urban Population Growth 1.54% 0.46% 0.36% Rural Population Growth -0.05% 0.39% 0.04% Population Below Poverty line 31% 8% 16.5% Geographical Area 7056 miles2 787 miles2 4444 miles2 Domestic Credit to Private Sector 78.42% 100.72% 28.85% Domestic Credit provided by Banks 117.09% 113.63% 51.52% Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 12. Recommendations for Fiji Growth, Investment and Development •  Investment in KE and secure broadband services •  Investment in value-add businesses in the service and manufacturing sectors •  Increase in exports in manufacturing and services •  Increase in self employment and entrepreneurial activities •  Dynamic and responsive educational system – innovations in knowledge and methods •  New approach towards fast leveraging of IP and patents •  Increase HE participation and retention rates •  Move towards SIS internal and external partnerships – cross agency, government, industry development projects Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 13. New thoughts – reconceptualisation of edunomics •  Paradigm shift in the role and definition of edunomics to underpin the emerging SEED approach as part of the post-2015 SDG agenda (see Ref’s) •  Financial management for education model of edunomics needs to shift towards an economic and educational investment system for leveraging sustainable development, i.e. the SEED approach •  Q & A – further discussion Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14
  • 14. References & Sources •  http://sustainabledevelopment.un.org/focussdgs.html •  http://www.un.org/millenniumgoals/2014%20MDG %20report/MDG%202014%20English%20web.pdf •  https://www.youtube.com/watch?v=gh2thxojJHU •  http://country-facts.findthebest.com/compare/ 90-107-184/Fiji-vs-Mauritius-vs-Jamaica Fiji Update – conference Madhumita Bhattacharya & Steven Coombs, SoE, FALE 12,15, Aug,14