How important is STEM education?

Recent reports have highlighted Australia’s declining results in PISA testing of maths, science and reading capabilities of children. Some in particular have drawn attention to Australia’s relatively weak performance compared with China and Singapore. I am unsure what this means. Should we invest more in maths and science education?

The Singaporean government is making it harder for foreigners to work there. International company people I meet in Singapore complain that young Singaporeans cannot perform as well as foreigners and demand too much pay, and the government is trying to force companies to employ more locals.

Read more: I argue that STEM is not the most important priority