Pakistan : Skills Assessment for Economic Growth
In an era of globalization and rapidly changing technology, the nature of work and skills required is also rapidly changing, and it calls for an urgent need to redefine the types of skills considered in public policy. Technology is reshaping the de...
| Main Author: | |
|---|---|
| Language: | English |
| Published: |
World Bank, Washington, DC
2019
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/715431572928556100/Pakistan-Skills-Assessment-for-Economic-Growth http://hdl.handle.net/10986/32752 |
| Summary: | In an era of globalization and rapidly
changing technology, the nature of work and skills required
is also rapidly changing, and it calls for an urgent need to
redefine the types of skills considered in public policy.
Technology is reshaping the demand for skills by reducing
the value of skills that can be substituted by technologies.
Technology is affecting the demand particularly for three
types of skills in the workplace. First, the demand for
nonroutine cognitive and socio-behavioral skills appear to
be rising in both advanced and emerging economies. Second,
the demand for routine job-specific skills is declining, and
third, the value of combinations of different skill types
appear to be increasing. In this context, skills, often used
as a synonym for technical and vocational education and
training (TVET) in public policy discussions, need to be
redefined. The World Bank’s skills toward employment and
productivity (STEP) framework defined three types of skills:
(a) cognitive skills, (b) socio-behavioral skills, and (c)
technical skills. The aim of this report is to discuss how
Pakistan should deal with the skills development agenda for
competitive economic growth. The study will focus on the
big-picture questions of skills demand and supply in
Pakistan by assessing the current situations of the skills
demands, profiles of existing workers and future labor
market entrants, and skills development opportunities in
Pakistan and by discussing models and policy options for new
skills and human capital development systems in Pakistan. |
|---|