Is lifelong learning an essence to economic growth?

Chiam , Chooi Chea and Norbaini Abdul Halim, and Nur Azlin Omar, (2011) Is lifelong learning an essence to economic growth? In: The International Lifelong Learning Conference (ICLLL) 2011 , 14-15 November 2011, Seri Pacific Hotel, Kuala Lumpur.

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Abstract

Lifelong learning is continuous learning throughout the life of an individual. It can occur through formal and informal means. Formal means are trainings, counselling, tutoring, mentoring, apprenticeship, higher education etc. While for informal, it refers to experiences gained etc. Malaysia view education as a vital agenda and priority platform to optimise the potential of every citizen and put within reach the promise of the Wawasan 2020 objective, to achieve zero illiterate rate by the year 2020 in Malaysia. This national endeavour will be in nought if the education system fails to produce human capital that can thrive in meeting the challenges of the 21st century innovation economy. It is believed that through proper and sufficient training and education level, one would be able to perform well in his or her works. According to Sachs (1995), learning new skills and acquiring new knowledge cannot be restricted to formal educational settings. Effective learning needs to be integrated into the work process. Training is often considered as a variable plugged into an economic model. This paper aims to discuss the significance of lifelong learning to an economy using economic growth theory of human capital and learning by doing. (Abstract by authors)

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