Japanese Education and Development - Term Paper Example

This study identifies the longtime invest in education that has been made in Japan for ninety years since the Meiji Era as the main factor for the rapid transformation of the Japanese economy. Therefore it calls for the need to continue investing in education for future growth.According to Robert Lynch (2007) investment in education is important for the future attainment of the social-economic development of a nation. Robert showed that investment in education is an important public policy strategy that can help a nation of generating wealth and achieve a number of social and economic development objectives.

National wide investment and commitment to the provision of quality education secure the future of those nations and the future generation.A sound primary and second education system is important in achieving the overall educational objectives of a country. However, it is not enough to have in place effective primary and secondary education model but the country needs to invest in tertiary education to induce skills and expertise in the workforce. This will be important in helping a nation to develop a competent workforce (Fountain, 2006).

Most of the countries in the developing nation in the developing world have been recovering low enrolment rates. Muntagadura and lamb (2003) found out that there are many factors that contribute to the rate of enrolment in the school including the expenditure of the government in education, the urban population, and other factors. This study also found out that most of the countries in the sub-Saharan region which had taken steps to increase their rate of enrolment have shown prospects of long-term economic growth as they have been able to develop a competitive workforce.

This shows that government investment in education is important in translating to overall economic development.