English In a Global Economy

It is true that many countries do not use English as a first language or as the primary language of business. However, as more businesses expand their operations overseas, the use of the language is undoubtedly going to increase. This is because English is an easier language to master quickly than other commonly spoken language such as Hindi, Mandarin or German – it is likely that English will retain its dominant hold on international transactions in the decades to come.

Moreover, some occupations can only consider candidates with fluency in the English language. For example, a professional in the high paying cross border trade compliance niche can usually only take on a senior corporate role if he/she can speak, read and write in English. This is because a role like this typically requires the individual to speak with local branch offices in the rest of the world, research case law, read white papers and understand legal text relating to technical topics such as HS classification, Free Trade Agreements, Customs valuation and Incoterms. Most of the time, these resources are only available in English. Even if translated versions do exist, due to the technical nature of the content, there is a possibility that meanings get misconstrued with the translation. Hence being able to read and decipher the official English version of such documents is critical to the role. Today, if non English speaking countries offer a translated version of local regulations or announcements, these are almost always translated into English.

The majority of general online publications and white papers relating to global trade trends and economic development also cater (sometimes exclusively) to an English speaking audience.

Many universities also teach most programs in the English medium, hence a good grasp of the language becomes a pre-requisite to being eligible to enroll for courses. Can you imagine an individual with a poor grasp of the language attempting to understand a lecture about quantum physics, medicine or mathematics that is delivered entirely in English? Of course, there are extremely good universities that teach in languages other thant English but why limit your child’s options only to these?

Hence, a child that gains fluent mastery in the English language at a young age, creates for himself/herself a very distinct competitive edge in future when it comes to career choices.

Brought to you by the KidsEnglishCollege™ Editorial Team.

Check out our English Short Story Collection & our Teaching Aids/Resources.

....................

More KidsEnglishCollege™ Articles

Learning English can be exciting!

Children are naturally curious and easily take great joys in the simple pleasures of life. As parents and educators, we can take advantage of this to accelerate their language learning experience. Here are a few ...
Read More

Speech therapy: Does my child need it?

Learning to speak is a significant aspect of language development for children. As such, when doting parents perceive that their children are slow to attain speaking fluency when compared to their peers, they may feel ...
Read More

An Emerging Trend: Studying Online

Accreditations earned through online courses and programs are gaining widespread acceptance throughout the world. This trend is not only being driven by traditional educational institutions transitioning to the virtual space, but also by vendors providing ...
Read More

Covid-19 has changed the online education industry

The Covid-19 situation has significantly increased the use of teleconferencing in many companies across almost all countries. Industry experts in general agree that this trend is going to stay on long after the virus is ...
Read More

English In a Global Economy

It is true that many countries do not use English as a first language or as the primary language of business. However, as more businesses expand their operations overseas, the use of the language is ...
Read More

• 1
• 2
• 3
• …
• 30
• ›