scholarly journals Education of population for the future and the future of education

Stanovnistvo ◽  
2017 ◽  
Vol 55 (1) ◽  
pp. 63-85
Author(s):  
Biljana Jovanovic-Gavrilovic ◽  
Biljana Radivojevic
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
Industrial Revolution ◽  
Knowledge And Skills ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Future ◽  
Future Of Education ◽  
The Impact

The key to the future of any country in the modern world lies in the knowledge, skills and talent of its population. This gives a special importance to education through which human capital is created as an important component of national wealth. Different methods of measuring human capital are found in literature. There is a well-known division into monetary and non-monetary methods, with the latter being specifically addressed in the article. Education plays an important role in achieving sustainable development. Through education, knowledge about sustainable development is acquired while human resources that are capable and willing to achieve this development are created. Education, just like sustainable development, has a long-time perspective. In both cases, the interests of the future are respected when making decisions in the present. The impact of education on sustainable development is manifested through all three of its dimensions ? economic, social and environmental. The key role of education for achieving sustainable development has been globally recognized and embedded in relevant United Nations documents, including a new global development agenda by 2030, focusing on the Sustainable Development Goals, of which Objective 4 explicitly refers to education. The European Union also pays considerable attention to education for the future in the context of the commitment of its members to achieve sustainable development. Serbia, at least declaratively, follows it, given the orientation of the country to join this regional integration. The future of education is under the strong influence of global mega trends, especially the Fourth Industrial Revolution, which strongly influences the world of work and the necessary knowledge and skills. During the earlier industrial revolutions, it took several decades to build appropriate education and training systems, but there is no time for that now. Changes must be anticipated, and reactions should be quick. The quality of educational systems of countries around the world and their preparedness for the challenges of the new age can be evaluated on the basis of the results of the Program for International Student Assessment ? PISA, the most important research in the field of education, which, under the auspices of the OECD, tests the knowledge and skills of fifteen-year-olds, and relying on the composite indicator introduced by the World Economic Forum ? Global Human Capital Index (GHCI). The results for Serbia are generally discouraging, but in some segments, they point to the country?s hidden potentials that should be activated. Education represents the development opportunity of Serbia at the threshold of the Fourth Industrial Revolution. As a small and economically country, Serbia should not remain at the margin of events, in the role of a passive observer. On the contrary, through adapting its education system to the demands of time by adequate financial and institutional support, thus improving human capital of the people, Serbia can find its place in a changing labor market and create preconditions for dynamic and sustainable economic development.

scholarly journals HUMAN CAPITAL AND ITS ROLE IN THE FOURTH INDUSTRIAL REVOLUTION

2021 ◽  
Author(s):  
Yelyzaveta Snitko ◽  
Yevheniia Zavhorodnia
Keyword(s):  
Economic Growth ◽  
Human Capital ◽  
Labor Market ◽  
Technological Change ◽  
Industrial Revolution ◽  
Skilled Workers ◽  
Fourth Industrial Revolution ◽  
Modern Economy ◽  
The Future ◽  
The Impact

The development of a modern economy, in the context of the fourth industrial revolution, is impossible without the accumulation and development of human capital, since the foundation of the transformation of the economic system in an innovative economy is human capital. In this regard, the level of development and the efficiency of using human capital are of paramount importance. This article attempts to assess the role of human capital in the fourth industrial revolution. In the future, human talent will play a much more important role in the production process than capital. However, it will also lead to a greater division of the labor market with a growing gap between low-paid and high-paid jobs, and will contribute to an increase in social tensions. Already today, there is an increase in demand for highly skilled workers, especially in high-income countries, with a decrease in demand for workers with lower skills and lower levels of education. Analysis of labor market trends suggests that the future labor market is a market where there is simultaneously a certain demand for both higher and lower skills and abilities, combined with the devastation of the middle tier. The fourth industrial revolution relies heavily on the concept of human capital and the importance of finding complementarity between human and technology. In assessing the impact of the fourth industrial revolution, the relationship between technology, economic growth and human resources was examined. The analysis was carried out in terms of three concepts of economic growth, technological change and human capital. Human capital contributes to the advancement of new technologies, which makes the concept of human capital an essential factor in technological change. The authors emphasize that the modern economy makes new demands on workers; therefore it is necessary to constantly accumulate human capital, develop it through continuous learning, which will allow the domestic economy to enter the trajectory of sustainable economic growth. The need to create conditions for a comprehensive increase in the level of human capital development is noted.

Disruptions of the Fourth Industrial Revolution

2021 ◽  
pp. 189-199
Author(s):  
Idris Olayiwola Ganiyu ◽  
Ola Olusegun Oyedele ◽  
Evelyn Derera
Keyword(s):  
Artificial Intelligence ◽  
Technological Innovation ◽  
Industrial Revolution ◽  
Technological Innovations ◽  
Fourth Industrial Revolution ◽  
Skill Gaps ◽  
The World ◽  
The Future ◽  
The Impact ◽  
And Robotics

The Fourth Industrial Revolution has resulted in the disruption of the world of work whereby technological innovation such as artificial intelligence (AI) and robotics. These disruptions may be creative in that as some jobs are lost due to the development of artificial intelligence, new ones are created. This chapter explored the impact of disruptive technological innovations on the future of work. The skill gaps brought about by the emergence of the Fourth Industrial Revolution was also explored in this chapter.

Human Capital Formation for the Fourth Industrial Revolution

2020 ◽  
pp. 205-228
Author(s):  
Paul Adjei Onyina
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Industrial Revolution ◽  
Human Capital Development ◽  
Representation Of Women ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Role Of Women ◽  
Capital Development

This chapter focuses on the drivers of human capital development in the fourth industrial revolution by examining the role of women. It discusses the role of women in economic development since 570BC. Women are ignored in most important areas in society whereas men are found at the frontline. However, available empirical analyses suggest that when women are empowered, they are able to turn the tables in their favour. The chapter outlines development role played by selected women across time and uses data from studies to show poor representation of women on international bodies and parliamentary seats. Selected women that have led and continue to lead various countries all over the world are presented. This chapter argues that women are important stakeholders in economic freedom. The chapter suggests encouraging society and men in particular to help women become front line participants in the human capital development for the fourth industrial revolution.

Human Capital Formation for the Fourth Industrial Revolution

2021 ◽  
pp. 1613-1631
Author(s):  
Paul Adjei Onyina
Keyword(s):  
Human Capital ◽  
Economic Development ◽  
Industrial Revolution ◽  
Human Capital Development ◽  
Representation Of Women ◽  
Fourth Industrial Revolution ◽  
The World ◽  
Role Of Women ◽  
Capital Development

This chapter focuses on the drivers of human capital development in the fourth industrial revolution by examining the role of women. It discusses the role of women in economic development since 570BC. Women are ignored in most important areas in society whereas men are found at the frontline. However, available empirical analyses suggest that when women are empowered, they are able to turn the tables in their favour. The chapter outlines development role played by selected women across time and uses data from studies to show poor representation of women on international bodies and parliamentary seats. Selected women that have led and continue to lead various countries all over the world are presented. This chapter argues that women are important stakeholders in economic freedom. The chapter suggests encouraging society and men in particular to help women become front line participants in the human capital development for the fourth industrial revolution.

scholarly journals The Impact of Some Emerging Technologies in Modern Military Actions

2021 ◽  
Vol 26 (2) ◽  
pp. 188-194
Author(s):  
Aurelian Raţiu ◽  
Onisim Roşu
Keyword(s):  
Technological Progress ◽  
Emerging Technologies ◽  
Decision Making Process ◽  
Legal Action ◽  
Area Of Interest ◽  
The World ◽  
The Future ◽  
International Laws ◽  
The Impact

Abstract Among the emerging technologies, artificial intelligence represents nowadays an area of interest for all of the states around the world, making the technological progress a huge step in human evolution. The future role of the man in military actions will not be to fight in the field anymore, making decisions on how and when to use the weapons in order to stop the incoming enemy while also respecting the international laws. With the help of technology, humanity could provide its much needed security and put an end to conflicts regardless of their nature, because devices are not capable of emotions and subjectivism, making them transparent and objective and transforming the decision making process into a simpler, fairer and legal action. Technology represents the future and man should adapt to it as soon as possible in order to reach the best outcomes even when it comes to war.

scholarly journals SCIENTIFIC-APPLIED ASPECT OF MANAGEMENT OF INTERNATIONAL TOURISM DEVELOPMENT IN MODERN CONDITIONS

2021 ◽  
pp. 23-35
Author(s):  
Artem Mekhovych
Keyword(s):  
Sustainable Development ◽  
Tourism Industry ◽  
Economic Life ◽  
International Tourism ◽  
Applied Aspect ◽  
Tourism Sector ◽  
The World ◽  
The Future ◽  
The Impact ◽  
Further Development

The article considers the main problems affecting the development of international tourism and predicts the further development of the situation. The growing tourist flow has contributed to the intensification of entrepreneurship in all sectors of the economy, capitalization of assets, job creation, economic and social growth. In 2019, the global tourism industry provided about 330 million jobs, equivalent to 10.3% of total employment. The COVID-19 pandemic has caused an unprecedented crisis in the tourism industry. The flow of tourists in the world has decreased by about 65%. In January-September 2020 alone, the number of international revenues decreased by 70%.This has resulted in the loss of $ 730 billion and more than 120 million jobs. It is noted that in modern conditions there are possible directions of development of inbound and domestic tourism, which are an important factor influencing the economy, but the weakening of external restrictions and lack of competitive service in the Ukrainian tourism industry will contribute to further development of international tourism. Those countries in which tourism occupies a significant share in GDP, are interested in attracting tourists as soon as possible and are ready to promptly implement all necessary anti-epidemic measures in the tourist infrastructure. For the Ukrainian government today, such a strategy is not a priority. Based on this, it is proved that the essence of the scientific and applied aspect of managing the development of international tourism is based on the theory of large business cycles and the theory of prediction. It was emphasized that the world crises ended sooner or later and a new round of development began. The task of mastering the forces of socio-economic life and subordinating them to the conscious, planned leadership of the state, as well as constructive and continuous social dialogue between the government and social partners, is the next practical transformation of today. The program of conscious organizational and regulatory steps should be knowledge, anticipation and action plan. When developing an anti-crisis plan to overcome the impact of COVID-19 on the tourism sector in Ukraine, it is necessary to take into account the recommendations of the Global Crisis Committee on Tourism, namely: crisis management and job preservation; support for self-employed workers; providing incentives and implementing appropriate state policy in the field of international tourism. In predicting the future development of the situation, more attention should be paid to the role of the tourism sector in the country's economy and the achievement of sustainable development goals; develop plans for preparedness for the challenges of the future and use this opportunity to move to sustainable development of tourism facilities.

scholarly journals The Impact of the Covid 19 Pandemic on the Development of the Fourth Industrial Revolution in Southern Africa

2021 ◽  
Vol 9 (1) ◽  
pp. 56-63
Author(s):  
Elizabeth Ojo-Fafore ◽  
◽  
Clinton Aigbavboa ◽  
Wellington Thwala
Keyword(s):  
Southern Africa ◽  
Human Activities ◽  
Industrial Revolution ◽  
Economic Sector ◽  
African Region ◽  
Fourth Industrial Revolution ◽  
Wide Range ◽  
The World ◽  
The Impact ◽  
Industrial Revolutions

The fourth industrial revolution (4IR) is gradually gaining momentum in a wide range, and as it gathers pace, innovations are becoming faster, more efficient, and widely accessible than before. However, due to the outbreak of Covid 19, the world had seen a shift in the traditional ways in all aspects of human activities, especially in the socio-economic sector. This paper explores the effect of Covid19 on the development of the fourth industrial revolution in the Southern African region and will review the literature on pandemic and its effect on industrial revolutions. It will also review the literature on the fourth industrial revolution, the spread of the Covid 19 pandemic, and its effect on the development of the fourth industrial revolution in Southern Africa.

scholarly journals Transformation of the world job market in the conditions of the Fourth Industrial Revolution

2021 ◽  
pp. 8-28
Author(s):  
Elena Viktorovna Shirinkina
Keyword(s):  
Industry 4.0 ◽  
Business Models ◽  
Industrial Revolution ◽  
Job Market ◽  
Scientific Publications ◽  
Job Management ◽  
Business News ◽  
Fourth Industrial Revolution ◽  
The World ◽  
The Impact

The relevance of this research is substantiated by the fact that the world job market is currently under the influence of the Fourth Industrial Revolution (Industry 4.0). The goal lies in assessing the impact of cyclic and unexpected trends upon the job market, and thus, the forms of job management and employment functions. In this regard, analysis is conducted on the academic theories in the context of conceptualization of the impact of Industry 4.0 upon the job market and employment functions. The long-term trends in transformation of the job market are determined. The empirical basis of this research is comprised of the statistical data provided by Rosstat and the Ministry of Science and Higher Education of the Russian Federation, as well as the resources of analytical articles and scientific publications, including the materials of international organizations, leading consulting companies, global associations, leading educational institutions, other active participants of global educational environment, and job market experts. An overview is given to the trends that affect the companies, their strategies and business models; the impact of such trends upon the transformation of current professions and the emergence of new professions; skills required for these professions. The scientific novelty lies in substantiation of the concept of skill-biased technical change (SBTC) and the theory of routine-biased technological change (RBTC). The presented materials would allow the companies to combine business news with fundamental training of specialists for going along the new career trajectiory in light of the new technological challenges, which defines the practical value of this research.

ISSUES OF ACHIEVING SUSTAINABLE DEVELOPMENT IN THE POST-PANDEMIC PERIOD AND EXPANDING THE ROLE OF HUMAN CAPITAL IN IT

2021 ◽  
Vol 4 (8) ◽  
pp. 82-93
Author(s):  
Zakir Mamurovich Zikriyaev ◽  
◽  
Akmal Abduvokhidov ◽  
Erkinjon Buribayev ◽  
Sherali Makhmudov
Keyword(s):  
Sustainable Development ◽  
Human Capital ◽  
World Economy ◽  
Human Factor ◽  
Innovation System ◽  
Innovative Development ◽  
Global Trends ◽  
The World

Today, the countries of the world are experiencing a pandemic crisis that has arisen in connection with the COVID-19 pandemic. The pandemic crisis is characterized by the fact that, unlike other crises, it is a three-way crisis. In particular, the pandemic crisis is also characterized by demand, supply and, at the same time, a liquidity crisis. It should be said that the pandemic crisis has shown the need to improve the quality of the human factor and the associated human capital in order to achieve sustainable development. Based on this, the article analyzes the issues of expanding the positions of human capital in achieving sustainable development.Keywords:pandemic, global economic crisis, sustainable development, human factor, human capital, global trends in the development of the world economy, innovative development, national innovation system

Corporate Social Responsibility and the Fourth Industrial Revolution

2021 ◽  
pp. 57-73
Keyword(s):  
Sustainable Development ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Industrial Revolution ◽  
Fourth Industrial Revolution ◽  
Challenges And Opportunities ◽  
Emerging Issues ◽  
Corporate Social ◽  
Role Of Information

The aim of writing this chapter is to describe the nexus between emerging technology in terms of fourth industrial revolution and corporate social responsibility in the presence of driven challenges and opportunities. This chapter also explains the current implications of the fourth industrial revolution to understand the current challenges, to address and find out opportunities. Similarly, this chapter also analyses that role of information technology overall as a factor of globalization. Furthermore, in term of the emerging issues, which are significant challenges of the world, such sustainable development consists of economic, social, and environmental factors. The discussion reveals that, to achieve sustainable development in the presence of fourth industrial revolution, it is the responsibility of the corporate sector to use all technologies in a socially and economically friendly manner; therefore, the maximum advantages could be derived from its use.

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