Improving skills to harness the benefits of a more open economy in Brazil:
As Brazil is significantly less integrated into international trade than other emerging market economies, opening up to trade has significant potential to create jobs that are more productive and better paid. At the same time, this will be associated with structural changes and adjustment costs. Som...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2021
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Schriftenreihe: | OECD Economics Department Working Papers
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Online-Zugang: | Volltext |
Zusammenfassung: | As Brazil is significantly less integrated into international trade than other emerging market economies, opening up to trade has significant potential to create jobs that are more productive and better paid. At the same time, this will be associated with structural changes and adjustment costs. Some workers are required to move to more productive firms, change occupations, sectors or even location. In particular, low-skilled workers need to upgrade their skills to move into newly created medium-skilled jobs in expanding firms and sectors. Workers who stay in their jobs will face similar challenges as firms upgrade production processes towards more advanced technologies. Well-designed and well-funded training and adult education policies, combined with effective social protection and employment services, can go a long way to mitigate adjustment costs for low-skilled, unemployed and informal workers. Evidence suggests that training policies can make a real difference, provided that its content is aligned with skill demands in local labour markets. Moreover, the education system plays a fundamental role for preparing current and future generations for the challenges that international integration and rising digitalisation will bring about |
Beschreibung: | 1 Online-Ressource (61 Seiten) |
DOI: | 10.1787/222c1741-en |
Internformat
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spelling | Grundke, Robert Verfasser aut Improving skills to harness the benefits of a more open economy in Brazil Robert Grundke ... [et al] Paris OECD Publishing 2021 1 Online-Ressource (61 Seiten) txt rdacontent c rdamedia cr rdacarrier OECD Economics Department Working Papers As Brazil is significantly less integrated into international trade than other emerging market economies, opening up to trade has significant potential to create jobs that are more productive and better paid. At the same time, this will be associated with structural changes and adjustment costs. Some workers are required to move to more productive firms, change occupations, sectors or even location. In particular, low-skilled workers need to upgrade their skills to move into newly created medium-skilled jobs in expanding firms and sectors. Workers who stay in their jobs will face similar challenges as firms upgrade production processes towards more advanced technologies. Well-designed and well-funded training and adult education policies, combined with effective social protection and employment services, can go a long way to mitigate adjustment costs for low-skilled, unemployed and informal workers. Evidence suggests that training policies can make a real difference, provided that its content is aligned with skill demands in local labour markets. Moreover, the education system plays a fundamental role for preparing current and future generations for the challenges that international integration and rising digitalisation will bring about Economics Brazil Arnold, Jens Matthias ctb Bueno, Matheus ctb Fialho, Priscilla ctb https://doi.org/10.1787/222c1741-en Verlag kostenfrei Volltext |
spellingShingle | Grundke, Robert Improving skills to harness the benefits of a more open economy in Brazil Economics Brazil |
title | Improving skills to harness the benefits of a more open economy in Brazil |
title_auth | Improving skills to harness the benefits of a more open economy in Brazil |
title_exact_search | Improving skills to harness the benefits of a more open economy in Brazil |
title_exact_search_txtP | Improving skills to harness the benefits of a more open economy in Brazil |
title_full | Improving skills to harness the benefits of a more open economy in Brazil Robert Grundke ... [et al] |
title_fullStr | Improving skills to harness the benefits of a more open economy in Brazil Robert Grundke ... [et al] |
title_full_unstemmed | Improving skills to harness the benefits of a more open economy in Brazil Robert Grundke ... [et al] |
title_short | Improving skills to harness the benefits of a more open economy in Brazil |
title_sort | improving skills to harness the benefits of a more open economy in brazil |
topic | Economics Brazil |
topic_facet | Economics Brazil |
url | https://doi.org/10.1787/222c1741-en |
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