Matching supply and demand for skills: International perspectives
Authors:
Jack Keating
Publication date:
13 June 2008
Type:
Research report
Themes:
VET in context > Economic aspects of VET > Demand for VET
VET in context > Economic aspects of VET > Training market
VET in context > International aspects of VET > International comparisons
VET system > General
ISBN:
978 1 921412 21 9
The aim of this research was to identify approaches used by a select number of overseas countries-the United Kingdom, China, Singapore, Norway and Germany-in their attempts to match the supply of skills with current and projected skill needs. The study focuses on the mechanisms used by, or on behalf of, governments to influence the formal and informal processes and outcomes of skills formation. This includes the management and direction of VET systems, financing and other levers that influence the type, amount and location of training and other skills-formation processes. The research found that countries use a mixture of three types of strategies to attempt to align the supply of skills with current and future needs: state regulated; regulated through agreements between the social partners, that is, industry, unions and government; and market regulation.
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