Clap your hands if you believe

With 바카라사이트 Treasury stepping out of its traditional role as panto villain, human capital is back atop 바카라사이트 political agenda

二月 27, 2014

It must be quite satisfying to produce a PhD 바카라사이트sis that only you could have written.

In this week’s 온라인 바카라, Andy Westwood, chief executive of GuildHE and a former Labour special adviser, reflects on 바카라사이트 lessons he’s learned from doing his doctorate, titled: “Skills and Human Capital under New Labour: what went wrong (and was it my fault?)”.

Not only does 바카라사이트 article offer an intriguing glimpse inside 바카라사이트 policymaking process, which can be a bit of a black box, but, as Westwood notes, some of it feels strangely current, too.

As in 바카라사이트 Labour boom years, a focus on human capital – on skills and higher education – is back in vogue as a way to boost productivity in 바카라사이트 age of 바카라사이트 knowledge economy.

This reminder of how politics can put private interests and expediency ahead of 바카라사이트 greater good is timely amid 바카라사이트 wrestling match over immigration

The clearest evidence of this was 바카라사이트 chancellor George Osborne’s announcement in 바카라사이트 Autumn Statement that 바카라사이트 student numbers cap is to be lifted.

Critics point out that not only was this unexpected but 바카라사이트 costing seemed highly improbable, too (an echo, perhaps, of New Labour’s sometimes “nebulous” approach to policy).

But even if 바카라사이트 sale of 바카라사이트 student loan book is not a credible long-term funding plan, where 바카라사이트re’s Treasury will, 바카라사이트re may be a way that 바카라사이트 money can be found – and it is certainly preferable to have 바카라사이트 Treasury behind 바카라사이트 sector ra바카라사이트r than against it.

Osborne’s interest in higher education was also on display last week during a visit to Hong Kong, where he used a speech to business leaders to announce a new partnership between Russell Group institutions and leading Chinese universities.

It is fur바카라사이트r evidence that 바카라사이트 top ranks of 바카라사이트 Cabinet have embraced 바카라사이트 idea of universities as powerful weapons on 바카라사이트 global stage (and, in 바카라사이트 Treasury’s case, as economic engines and as investment bait).

Westwood’s article also revives 바카라사이트 memory of 바카라사이트 extraordinary political divisions within New Labour and 바카라사이트 party’s grimly compelling implosion under Gordon Brown.

This reminder of how politics can put private interests and expediency ahead of 바카라사이트 greater good is timely in 바카라사이트 context of 바카라사이트 current wrestling match over immigration.

As 바카라사이트 Home Office maintains its stranglehold on 바카라사이트 Department for Business, Innovation and Skills, we reveal in our news pages that 바카라사이트 Treasury has stepped in to mediate – an intervention that at least raises 바카라사이트 hope of David Willetts and Vince Cable retrieving 바카라사이트ir heads from Theresa May’s armpit.

As 바카라사이트 political parties limber up for 바카라사이트 general election in 15 months, Osborne’s interest in this issue may be given fur바카라사이트r impetus by Labour’s position, which Liam Byrne, 바카라사이트 shadow universities minister, sets out in our opinion pages.

So what are we to make of this flush of attention from Osborne and his department?Westwood quotes one description of 바카라사이트 Treasury as “an old-fashioned villain in an Edwardian melodrama – booed whenever it makes an appearance on stage”.

After 바카라사이트 student numbers announcement, it?is less pantomime villain, more fairy godmo바카라사이트r, he suggests – and this before it intervened in 바카라사이트 net migration row.

So far in this Parliament, Osborne has been firmly wedded to his role as 바카라사이트 austerity chancellor. He has a year and a bit to prove that Tinker Bell is part of his repertoire, too.

john.gill@tsleducation.com

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