Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective

China and India have undergone significant transformation in recent years as they emerge as the drivers of the so-called “Asian Century”. Although the catalyst for this remarkable growth has been the ability of both countries to harness talent, the next two decades will require a very different disp...

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Bibliographic Details
Main Authors: Chatterjee, S., Nankervis, Alan, Connell, Julia
Format: Journal Article
Published: Sage Publications India 2014
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/26230
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author Chatterjee, S.
Nankervis, Alan
Connell, Julia
author_facet Chatterjee, S.
Nankervis, Alan
Connell, Julia
author_sort Chatterjee, S.
building Curtin Institutional Repository
collection Online Access
description China and India have undergone significant transformation in recent years as they emerge as the drivers of the so-called “Asian Century”. Although the catalyst for this remarkable growth has been the ability of both countries to harness talent, the next two decades will require a very different dispersion of skills. India will increase its working age population by an additional 200 million, while the workforce in China will reduce by 100 million. In the next three decades, China will have more than doubled its population of those aged 65 and over resulting in a weaker dependency ratio. This article examines the multifaceted challenges that are emerging due to significant skills shortages in China and India. Through the lens of human capital theory, two new frameworks are introduced in order to analyze these factors and to suggest potential solutions.
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spelling curtin-20.500.11937-262302017-09-13T15:26:00Z Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective Chatterjee, S. Nankervis, Alan Connell, Julia double diamond effect talent management skill shortages skill development human capital theory employability gap China India China and India have undergone significant transformation in recent years as they emerge as the drivers of the so-called “Asian Century”. Although the catalyst for this remarkable growth has been the ability of both countries to harness talent, the next two decades will require a very different dispersion of skills. India will increase its working age population by an additional 200 million, while the workforce in China will reduce by 100 million. In the next three decades, China will have more than doubled its population of those aged 65 and over resulting in a weaker dependency ratio. This article examines the multifaceted challenges that are emerging due to significant skills shortages in China and India. Through the lens of human capital theory, two new frameworks are introduced in order to analyze these factors and to suggest potential solutions. 2014 Journal Article http://hdl.handle.net/20.500.11937/26230 10.1177/2322093714526658 Sage Publications India restricted
spellingShingle double diamond effect
talent management
skill shortages
skill development
human capital theory
employability gap
China
India
Chatterjee, S.
Nankervis, Alan
Connell, Julia
Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title_full Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title_fullStr Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title_full_unstemmed Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title_short Framing the Emerging Talent Crisis in India and China: A Human Capital Perspective
title_sort framing the emerging talent crisis in india and china: a human capital perspective
topic double diamond effect
talent management
skill shortages
skill development
human capital theory
employability gap
China
India
url http://hdl.handle.net/20.500.11937/26230