Lost opportunities in the Sudanese economy: Human capital is a model Dr. Ali Mohammed Osman Al-Iraqi
Lost opportunities in the Sudanese economy: Human capital is a model
Dr. Ali Mohammed Osman Al-Iraqi
Sudan is a country with young communities; the population growth rate of about 2.5% and youth over 40% of the population provide a preferential advantage for the country. Despite this, the unemployment rate is close to 20%
Did not it happen? Is it part of the resource curse? Or lack of policies and programs?
In my estimation, there are several reasons for this problem.
First: the inability of the national economy to generate employment for the slowdown of growth in most of the past decades, but the growth achieved by the export of oil (1999-2010) was not broad-based production and could not move other sectors except transport.
Second, the mismatch between the output of education and the labor market. The educational system is designed to produce a group of graduates who are not skilled. Therefore, there is a gap in the demand for some jobs and occupations. However, the available offer does not cover many of them.
The reality is even more complicated as the country turns into a low-pressure zone that receives thousands of foreigners from neighboring countries and others. The gap has widened dramatically and some have been talking about human capital becoming a curse rather than a blessing.
The interest in public and higher education and ensuring the consistency of its plans, curricula and outputs with development programs drive human capital to be the cornerstone of the country's renaissance.
The direction of economic policies and programs to move productive sectors with higher employment capacity is a necessary entry point to address the problem of unemployment. In a country where almost half of its workforce is in the agricultural and animal sector, the movement of this sector should be a top priority. Otherwise unemployment will increase and rural migration will increase. Marginal activities.
The era of attracting foreign investments has ended only with natural resources and countries have started to improve their human capital because it is a huge incentive to attract investments.
This call to focus on developing human capital and dealing with it with a strategic horizon and increase the integration between education and development plans central and state and targeting sectors with the highest potential for employment.
Source: Elaf newspaper
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