The Economist is shouting about lack of language skills in the UK again. Their basic thesis is that the lack of language skills amongst UK workers costs in economic growth. I’m not sure how much we can stand over that assertion – the Economist admits as much –
This lack of language skills also lowers growth. By exactly how much is hard to say, but one estimate, by James Foreman-Peck of Cardiff University, puts the “gross language effect” (the income foregone because language barriers alter and reduce international trade) in 2012 as high as £59 billion ($90 billion), or 3.5% of GDP.
which suggests it’s basically educated guesswork.
For unrelated reasons, I had a look at CPL’s language vacancies yesterday and the one thing that interested me is how low the salaries are on average.
The simple issue is this: if we do not value language skills economically, people will not study to acquire those skills.
Comparatively, we value programming skills more highly although they are significantly easier to come by. Put simply, the amount of time required to get usefully acquainted with a programming language (including assembler) is significantly less than the amount of time required to get usefully acquainted with a foreign language.
Put simply, the return on effort in acquiring foreign language skills to a high level, is low compared to the return on effort in acquiring programming skills.
I might have more sympathy for the idea that the economy was suffering by a supposed lack of foreign language skills if foreign language skills related salaries were increasing. The truth is they aren’t, really, because the skills are being imported.