Investment is now essential

3rd November 2006 at 00:00
Europe risks falling behind China and India because governments are doing too little to improve educational standards, upon which economic growth depends, the Lisbon Council for Economic Competitiveness and Social Renewal has reported.

Underinvestment in education and training in European countries, such as Germany and Italy, will result in economic freefall in the next decades, with Asia occupying the top position.

On current trends, Germany and Italy will find themselves with 50 per cent lower gross domestic product per head by 2030 than the UK and Scandinavian countries.

The only hope for the former is mass immigration, which would result in every second professional being a foreigner, with low-skilled jobs reserved for their own citizens.

While the rise of the Asian super-economy could be viewed as alarming, it is heartening that the report lists our education system as among Europe's best.

Alan Corbett

Association of South East

Colleges, University of Reading

Log-in as an existing print or digital subscriber

Forgotten your subscriber ID?


To access this content and the full TES archive, subscribe now.

View subscriber offers


Get TES online and delivered to your door – for less than the price of a coffee

Save 33% off the cover price with this great subscription offer. Every copy delivered to your door by first-class post, plus full access to TES online and the TES app for just £1.90 per week.
Subscribers also enjoy a range of fantastic offers and benefits worth over £270:

  • Discounts off TES Institute courses
  • Access over 200,000 articles in the TES online archive
  • Free Tastecard membership worth £79.99
  • Discounts with Zipcar,, Virgin Wines and other partners
Order your low-cost subscription today