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Title: Focus highlight in VPET. Skill development and economic growth
Other Titles: VPET Connex 2017
Authors: McNally, Sandra
Issue Date: Jun-2017
Abstract: There is good evidence of a strong positive relationship between skills and economic growth. It is a stronger relationship than that between educational qualifications and growth. Furthermore, skills shortages persist in countries such as the UK, even though there has been a large increase in the number of people with tertiary-level qualifications. This must be addressed at all levels of education policy. It is also important to consider economic changes, such as technological developments, when considering what skills are needed for economic growth. For example, much of the economic literature shows the importance of skill-biased technological change and its consequences for jobs required in the economy and how they are rewarded. An important question for vocational education and training (VET) policy is how to ensure people are equipped for the current needs of the labour market while also being versatile enough to find another job or re-train when the economy changes. This is a difficult issue in the face of much uncertainty about how economies may change and what jobs will be created as well as what jobs will no longer be required. We consider the challenges this uncertainty poses for research and policy in education, VET and lifelong learning.
Description: 13 p.
Powerpoint presented in Vocational and Professional Education and Training International Conference 2017 : partnership, enterprise, innovation = 職業專才教育國際研討會2017 : 協作, 創業, 創新
Conference at Hong Kong Convention and Exhibition Centre, Hong Kong, June 16-17, 2017
Available online pdf via VTC Institutional Repository
Keywords: Vocational education
Subjects: Vocational education -- China -- Hong Kong -- Congresses
Type: Presentation
Links/Full textVTC Institutional Repository
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