Education lies at the heart of economic growth and development. This
is captured in the “Europe 2020” strategy proposed by the European
Commission in 2010 for reviving the economy of the European Union.
In parallel, the education agenda is reflected in policies and strategies
of ASEM member countries in Asia, such as the “Roadmap for an
ASEAN Community” by 2015. In times of economic crisis and quickly
rising student numbers, however, countries need to develop not only
more education, but the right type of skills and research to be more
competitive, and to ensure sustainable growth. Unemployment rates,
job mismatch and wage differentials are some signs of a disparity
between required skills and educational offer.