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Investing in skills has risen to the top of the policy agenda today in rich and poor countries alike. The World Bank supports its partner countries on this agenda in multiple ways: development finance, research and analysis, global knowledge exchange, and technical assistance. This report was originally conceived as a contribution to this catalog of the World Bank’s work, but its topic and findings are relevant to all policy makers and analysts interested in skills-building to drive economic growth and improve human well-being. The book examines workforce development (WfD) systems in emerging economies around the world and presents novel systems-level data generated by the Systems Approach for Better Education Results (SABER)-WfD benchmarking tool, which was created to implement the World Bank’s 10-year Education Sector Strategy launched in 2012. A key theme in the book is that WfD entails a multi-layered engagement involving high-level policy makers, system-level managers, as well as leaders at individual institutions. Too often, the conversation and actions are fragmented by intellectual, administrative and operational silos which undermine effective cooperation to solve the deep challenges of building job-relevant skills. The book’s findings, based on cross-sectional data for nearly 30 countries and time-series data for five countries, identify successes and common issues across countries in the sample. In lagging countries, the biggest difficulties relate to: forming and sustaining strategic partnerships with employers; ensuring equitable and efficient funding for vocational education; and putting in place mechanisms to enhance training providers’ accountability for results defined by their trainees’ job market performance. By framing WfD in the broader skills-for-growth context and drawing on lessons from countries where well-designed WfD strategies have helped to drive sustained growth, this book offers clear guidance on how to enable a more effective approach to the inevitably complex challenges of workforce development in emerging economies.
Winner of the 2020 R. Wayne Pace HRD Book of the Year Award, this edited book covers major trends, notable distinctions, and the challenges and needs for preparing future HRD activities in South Korea. It consists of three major sections: national and social issues of HRD, sector perspectives on HRD, and contemporary issues and trends. To cover contemporary trends and future issues, authors examine topics in diverse areas, such as the application of data analytics for HRD, action learning trends, and psychological and work climate issues affecting performance. Through theory and cases, this book will show how HRD can be successful at the organizational, industrial, and societal levels as well as the future needs required to further advance HRD in the nation.
The book begins with the premise that workforce education is a global issue and is becoming increasingly competitive. It is important for the reader to understand the concept of work historically, as well as its meaning and implications to individuals. Understanding this history leads to better instruction, education, and training, which can solve many human performance problems in the workplace. Workforce Education, Occupational, Training, Instruction or Career Education, Voca-tional Education or Technical Education is used interchangeably throughout this book. The concept of today’s workforce development is universal. As a college professor, I believe I have an ethical obligation to promote learning, to ensure health and safety, to protect the public and private trust, and to promote the transfer of learning. A second premise of this book is that there are common issues and problems in the workplace. This book provides, in a single volume, the knowledge base common to all work settings for today’s students, regardless of their specialty. Thus, the book was designed for students to think globally and to understand how to be and what it takes to be competitive in the global economy.
Asia has undergone rapid transformation over the past several decades as many countries have embraced new technologies and the processes of globalisation. Over this period the inflow of foreign capital into the region, the level of trade amongst these countries, and trade with other parts of the world has increased substantially. The ensuing economic growth has led to some significant changes in labour markets and the demand for skilled employees and their deployment within organisations. Focusing on a number of developed and developing Asian economies, this book explores the dynamics of workforce development and skill formation, and considers questions of both skills shortages and skills gaps. The book assesses the current state of training in the selected Asian economies, the weaknesses and strengths of their various training approaches, and what the present state of training means for the future economic development of these economies.
Currently, Japan has the highest old-age dependency ratio of all OECD countries, with a ratio in 2017 of over 50 persons aged 65 and above for every 100 persons aged 20 to 64. This ratio is projected to rise to 79 per hundred in 2050. The rapid population ageing in Japan is a major challenge for achieving further increases in living standards and ensuring the financial sustainability of public social expenditure. However, with the right policies in place, there is an opportunity to cope with this challenge by extending working lives and making better use of older workers' knowledge and skills. This report investigates policy issues and discusses actions to retain and incentivise the elderly to work more by further reforming retirement policies and seniority-wages, investing in skills to improve productivity and keeping up with labour market changes through training policy, and ensuring good working conditions for better health with tackling long-hours working culture.
LABOR LAWS OF THE REPUBLIC OF KOREA This translation of Korea's labor laws is intended mainly as a convenience to the non-Korean-reading public.
This book is an OECD study of vocational education and training (VET) in the Republic of Korea. It is designed to help make its VET systems more responsive to labour market needs.