Skills, Human Capital, and Economic Development:
This paper presents a skills index for developing countries in Asia as a first step toward developing a Global Skills Index. The Asian Skills Index is roughly modeled on the European Skills Index for Organisation for Economic Co-operation and Development countries. However, the Asian Skills Index is...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
The World Bank
2022
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| Online-Zugang: | kostenfrei |
| Zusammenfassung: | This paper presents a skills index for developing countries in Asia as a first step toward developing a Global Skills Index. The Asian Skills Index is roughly modeled on the European Skills Index for Organisation for Economic Co-operation and Development countries. However, the Asian Skills Index is substantially more complicated to develop. In addition to data limitations, the Asian Skills Index incorporates several structural and institutional features of labor markets in Asian countries, such as vulnerable employment and unemployment among the highly educated, which are specific to Asian countries. In addition, the newly developed learning-adjusted years of schooling indicator plays an integral role in the Asian Skills Index. Using the k-means clustering algorithm, the paper identifies a comparable group of Asian developing countries for which it develops an index of the country's skills system. While studies on human capital focus only on education, the Asian Skills Index is a more comprehensive construct since it goes beyond just education and skills development. By incorporating labor market conditions within which education and skills can thrive and be translated into productive output, a skills system provides crucial economic context for the human capital development process. Using the Asian Skills Index, the paper provides some economic estimates and policy recommendations |
| Beschreibung: | 1 Online-Ressource (55 Seiten) |
| DOI: | 10.1596/1813-9450-10032 |
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| 520 | 3 | |a This paper presents a skills index for developing countries in Asia as a first step toward developing a Global Skills Index. The Asian Skills Index is roughly modeled on the European Skills Index for Organisation for Economic Co-operation and Development countries. However, the Asian Skills Index is substantially more complicated to develop. In addition to data limitations, the Asian Skills Index incorporates several structural and institutional features of labor markets in Asian countries, such as vulnerable employment and unemployment among the highly educated, which are specific to Asian countries. In addition, the newly developed learning-adjusted years of schooling indicator plays an integral role in the Asian Skills Index. Using the k-means clustering algorithm, the paper identifies a comparable group of Asian developing countries for which it develops an index of the country's skills system. While studies on human capital focus only on education, the Asian Skills Index is a more comprehensive construct since it goes beyond just education and skills development. By incorporating labor market conditions within which education and skills can thrive and be translated into productive output, a skills system provides crucial economic context for the human capital development process. Using the Asian Skills Index, the paper provides some economic estimates and policy recommendations | |
| 650 | 4 | |a Access To Education | |
| 650 | 4 | |a Asian Skills Index | |
| 650 | 4 | |a Economic Development | |
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| 650 | 4 | |a Human Capital | |
| 650 | 4 | |a Labor Market | |
| 650 | 4 | |a Skills Development | |
| 650 | 4 | |a Social Protections and Labor | |
| 650 | 4 | |a Trends In International Mathematics and Science Study (TIMSS) | |
| 650 | 4 | |a Vocational and Technical Education | |
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| discipline | Wirtschaftswissenschaften |
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| id | DE-604.BV049080368 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T22:27:57Z |
| indexdate | 2025-02-20T07:20:20Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034342259 |
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| physical | 1 Online-Ressource (55 Seiten) |
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| publishDate | 2022 |
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| publisher | The World Bank |
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| spellingShingle | Raju, Sudhakar Skills, Human Capital, and Economic Development Access To Education Asian Skills Index Economic Development Economic Growth Economic Models Economics of Education Education Education Global Practice Education Quality Analysis Employment and Unemployment Human Capital Labor Market Skills Development Social Protections and Labor Trends In International Mathematics and Science Study (TIMSS) Vocational and Technical Education |
| title | Skills, Human Capital, and Economic Development |
| title_auth | Skills, Human Capital, and Economic Development |
| title_exact_search | Skills, Human Capital, and Economic Development |
| title_exact_search_txtP | Skills, Human Capital, and Economic Development |
| title_full | Skills, Human Capital, and Economic Development Sudhakar Raju |
| title_fullStr | Skills, Human Capital, and Economic Development Sudhakar Raju |
| title_full_unstemmed | Skills, Human Capital, and Economic Development Sudhakar Raju |
| title_short | Skills, Human Capital, and Economic Development |
| title_sort | skills human capital and economic development |
| topic | Access To Education Asian Skills Index Economic Development Economic Growth Economic Models Economics of Education Education Education Global Practice Education Quality Analysis Employment and Unemployment Human Capital Labor Market Skills Development Social Protections and Labor Trends In International Mathematics and Science Study (TIMSS) Vocational and Technical Education |
| topic_facet | Access To Education Asian Skills Index Economic Development Economic Growth Economic Models Economics of Education Education Education Global Practice Education Quality Analysis Employment and Unemployment Human Capital Labor Market Skills Development Social Protections and Labor Trends In International Mathematics and Science Study (TIMSS) Vocational and Technical Education |
| url | https://doi.org/10.1596/1813-9450-10032 |
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