IMF's Lagarde Says Investments in Education Needed Globally

The transcript discusses the labor shortage in Japan due to an aging population and emphasizes the need for significant investment in education globally. It highlights how technology will transform the future of work, making many current jobs obsolete, and stresses the importance of preparing the workforce for these changes. Singapore is cited as a successful example of investing in education.

Why is education considered an absolute necessity in the context of future job markets?

What example does the text provide of a country that has successfully invested in education?