It is an era of knowledge based economies, and countries failing in education find it hard to catch up with the developed world.

这是一个知识经济时代，教育落后的国家会发现很难赶上发达国家。

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These young people, especially women and the rural and urban poor, are not equipped to join in on the ambitions in some Asian countries for building strong IT and knowledge based economies.

UNESCO: Over one quarter of young people in South and West Asia fail to complete primary school and lack skills for work | United Nations Educational, Scientific and Cultural Organization

They are committed to growing knowledge-based economies while recognizing the importance of the rural sector.

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We agreed to expand the educational exchanges that will fuel our knowledge-based economies.

WHITEHOUSE: President Obama and Prime Minister Singh Press Conference