Invest in the development of human resources
Human resource is increasingly recognized as a key resource in today’s developing world. In developing countries, particular emphasis is being placed on enhancing human resources. Unlike other forms of resources, human resource is not a finite or exhaustible resource. It has the potential for long-term, renewable growth — especially when nurtured among the youth. Therefore, loss or neglect of human resources must be prevented, and efforts must be made to systematically develop and strengthen it.
Today’s youth are the ones who will carry the responsibilities of tomorrow. They should not be seen as passive bystanders, but rather nurtured and empowered to become capable and valuable members of society. This requires providing education and guidance that instils strong character and core values. Only then can the nation fully develop and deploy its human resources across all sectors, ensuring they are placed in the right roles and opportunities.
In Myanmar, the COVID-19 pandemic that emerged around 2020, followed by political unrest and growing security concerns from 2021 onward, has contributed to declining birth rates and increased migration. These challenges have also caused significant job losses and reduced income levels. As a result, many young people have been driven to leave the country in search of better opportunities abroad.
In developed countries, the increasing number of elderly populations, along with the growing demand in labour-intensive sectors, has led to a shortage in the labour force and workforce displacement. Similarly, in Myanmar, as the population gradually declines, it is essential to address migration trends and manage them carefully in order to prevent the loss of valuable human resources.
According to demographic projections, during the coming decades, the number of elderly people aged 65 and above will surpass the working-age population in both Myanmar and other developing countries. At that time, opportunities for lifelong learning and skills training, as well as the ability to engage people of all age groups in the labour force, will become increasingly necessary to maintain a productive workforce. Therefore, even as people grow older, it is important to create job opportunities in the private sector for those who still wish to work, recognizing their willingness and ability to contribute meaningfully.
Therefore, to ensure that young people – whether still in school, college, or university, or already participating in the workforce – develop into well-rounded, confident, and responsible contributors to their communities and the nation, it is vital that the government and all stakeholders work together in a coordinated effort to nurture and invest in their potential.
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