VET in context

There is growing international and national interest in the concept of social capital, its role, and the ways economic and social policies coalesce to drive economic progress and community well-being. This paper identifies eight areas the VET system can contribute to social capital: building social capital in firms; building networks of businesses, especially the small business sector; developing employability skills; fostering values and norms that underpin social capital; contributing to inclusive and cohesive communities; initiating and contributing to learning community initiatives; using information and communication technology innovatively to build virtual communities; and contributing to society as a good citizen. The report also discusses indicators for measuring social capital, and implications for VET policy and practice.