Where Do You Live And Where Do You Work? The Role Of Higher Education Institutions In The Labor Structures Of Emerging Economies

Emerging economies have been a part of a considerable transformation to global markets. More recently, one of the main challenges for these emerging economies is the question of how to manage fewer resources in order to prevail over the crisis of unemployment. Recent research suggests that local socio-productive structures struggle to survive. Where do you live and where do you work are simple questions which can help identify strategies that small businesses can use to mobilize and successfully overcome potential challenges. In this context, Higher Education Institutions (HEI) become an important counterpart, as they contribute to improving the local labor markets via new-skill training programs. In addition, lifelong learning is now more prevalent, as it contributes to the role that education has in these emerging economies. All this enables them to play their parts in the wider economy.This study highlights the importance of higher education in developing an equitable society.