Improving adult skills can help to benefit from globalization
In an increasingly competitive international environment, providing workers with the right mix of skills can help ensure that globalisation translates into new jobs and productivity gains, according to a new report.
The OECD Skills Outlook 2017 reveals big differences in the extent to which countries are equipping workers with the right skills to benefit from the globalisation of production chains. The report finds a country with a skills mix that is well aligned with the skills requirements of technologically advanced industries can specialise in these industries on average 8% more than other countries, and up to 60% more than countries with a low alignment (News Item OECD, 4 May 2017).
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