Education and skills: A road to development
The relevance of education and skills for economic and social progress cannot be overstated. In a globalized knowledge-based economy, skills are a major driver of labor productivity and of an economy’s ability to sustain its competitiveness and escape development traps. Building the right sets of skills has emerged as a major determining factor for people and economies to participate meaningfully in the global economy. In a way, as the Organization for Economic Cooperation and Development has put it, “skills have become the global currency of the 21st century.” More...