Generally, the current education system has aided in developing the country’s economy in a number of ways.
Education has facilitated better living standards for UAE citizens. Acquisition of advanced skills through education has enabled UAE residents secure well-paying jobs both at home and in foreign countries. In addition,education has facilitated acquisition of skills necessary for establishing personal businesses and self-employment. In this regard, many people can participate in nation building and public projects development. Participation of citizens innation building and other activities such as funding public projects has largely boostedthe economic growth of UAE.
The current UAE education mechanism has aided in providing adequate personnel to run the country’s economic activities. The UAE isable to produce adequate personnel to serve in government and exportthe surplus to other countries. The current education system has been structured in away that facilitates training of technical and professional faculties such as engineering, medicine, accounting among others. This has assisted in lowering the wage bill since professionals acquired locally are cheaper than those acquired from foreign country. Money that used to be spenton acquiring human resource from other countries before the inception of the current education system isnow used for economic developments in the country.
Education has helped in reducing over dependency on oil as the core source of income. In fact, the current education system in the UAE has boosted diversification of the economy base since unlighted people can engage in a variety of economic activities such as international trade, entrepreneurship, tourism and many other activities.
The UAE education has a great potential of continued development in the next five years. This is because the UAE government has invested heavily on the new technology and ...Show more