Investing in the UK Knowledge Economy – CILIP Proposals
In the launch document for Spending Review 2015, “A country that lives within its means”, Chancellor George Osborne sets out his ambition for Britain to become a “higher wage, lower welfare, lower tax economy that is more productive”. Rarely in postwar history has a Spending Review placed such stringent demands on Government departments – asking them to model cuts of between 25-40% of their budgets over the next few years.
CILIP [Chartered Institute of Library and Information Professionals] has responded to this challenge with a ‘Investing in the UK Knowledge Economy‘ – a set of proposals which highlight the vital role of information management, information literacy, library & information professionals and world-class research in delivering future economic growth. …
Our library, information and knowledge management professionals are a key workforce in the increasingly important knowledge economy, defined by the Economic and Social Research Council (ESRC) in their 2005 study:
“Economic success is increasingly based on upon the effective utilisation of intangible assets such as knowledge, skills and innovative potential as the key resource for competitive advantage. The term “knowledge economy” is used to describe this emerging economic structure”.
Britain is a world leader in the global knowledge economy. Link
Rwanda, UK sign deal to support basic education
The Governments of Rwanda and the United Kingdom, yesterday, signed a financing agreement worth £30.5m (about Rwf34 billion) to support basic education programmes. … The donation will also help to deliver on improved learning and more equitable access to primary and secondary education, Claver Gatete, the Minister for Finance and Economic Planning, said during the signing ceremony. … “This grant comes to support Rwanda’s ambition of building a knowledge-based economy,” Gatete noted. Link
Knowledge economy’s importance highlighted in Pakistan
This was the crux of a talk given by Prof Dr Attaur Rahman on “Building a knowledge economy” at the Higher Education Commission (HEC) here on Wednesday.
He described youth as Pakistan’s potential and suggested that a visionary, honest and technologically competent government can transform the country into a knowledge economy. Link