Investing in education means that an individual not only aspires to be literate but also has a direct impact on the country in which he lives, since he will improve the country’s human capital, allowing it to compete globally. As a result, nation-states as well as the leaders at institutions of higher education in several regions are adapting policies and plans to strengthen their institutions’ global status and reputation as part of the education system. World-class universities are academic institutions committed to the creation of knowledge across a range of subjects and disciplines, as well as providing high-quality higher education at all levels, addressing national needs, and advancing the worldwide interest of the public. In recent decades, as governments around the world have prioritized the development of competitive higher education, creating World Class universities has become something of a global ambition or ideal for all countries. Obtaining world-class status in higher education is arduous since world-class institutions must meet a range of requirements or indicators to be recognized, as world-class. Various policies were amended and created to combat this issue.
In the Philippines, leaders are aiming for ASEAN Integration, with infrastructures, human resource development, information and communication technologies, regional economic integration, and tourism and alleviation as primary relevant sectors in the blueprints for the ASEAN community. This suggests that the educational sector bears the most weight for fulfilling ASEAN Integration's requirements. As a result of this pressure, our educational system has taken strategic steps such as institutionalizing the K-12 Program so that curriculum can be improved and meet international standards in order to achieve quality education. Nevertheless, these characteristics can have or cause consequences in higher education. It would have an impact on economic development because existing resources are insufficient to address ASEAN Integration, technological demands necessitate highly skilled personnel, and accomplishing the goal of ASEAN Integration is difficult, especially in developing countries like the Philippines.
Certainly, people and professionals can compete worldwide, but achieving this aim poses significant challenges for educational and government leaders. Moreover, the country's technological resources and highly qualified workforce are insufficient to meet the demands of ASEAN integration. We are just highlighting the worldwide research-oriented strategy in the Philippines where the results could not be implemented due to a lack of funds and budgets. In contrast to Singapore and Thailand, they are concentrating their efforts on raising government spending. Clearly, the government continues to have exploitable weaknesses. Our country, in fact, has a long way to go in terms of refining everything. Despite this, the education sector is doing everything it can to help the country thrive. Eventually, no matter how many impediments face, a better life for the citizens will always be a wonderful success if all goes right.