Blended learning, like most new emerging technologies, tend to stay in the developed world, however, the benefits of a blended learning environment can work in emerging nations too.
Education plays a crucial role in the economic development of a society. According to a research done by Dr. Doug Beal, managing director at the Boston Consulting Group (BCG), there is a positive relationship between education and gross domestic product (GDP) of a country.
The three main factors that make a huge difference in the long-term sustainable economic development are: civil society, governance and education. The civil society and governance of a country can be improved only through a better education system. Thus, it is essential for a country to invest wisely in the education system, especially for emerging markets as these economies are currently in a radical phase. Investing in the education system doesn’t relate to the amount of money invested, but rather to the structure and quality of education provided to an individual. Thus, blended learning would play an important role in the emerging markets as it provides better result compared to a traditional education system.
Blended learning would help to reap maximum benefits for the investment made in education, thus, having an impact on the gross domestic product and eventually contributing to the long-term sustainable economic development.