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date: 16 October 2019

Abstract and Keywords

While there are diverse perspectives on skills and training, the divergence in disciplinary outlooks is not as great as it once may have been. Important new knowledge has identified the nature and importance of demand side factors like skill utilisation and the social determinants of skill development and outcomes. Despite this analytical flourishing, the reality of who pays for skills is becoming more narrowly defined as a ‘personal benefit’, the cost burden of which is shifting from businesses and nation states to individuals. The chapter finishes by noting while huge structural shifts in skill demand and supply are intensifying, the outcomes of these developments will depend on how skills are defined and the costs of skill development distributed. These will be settled at national and sectoral/regional level. Consequently, while the forces of change appear to be converging around the globe, the diversity in skill systems is set to continue – but in different forms.

Keywords: future of work and skills, skill challenges, skill formation, skill outcomes, skill systems, skills and stages of development, skill utilisation

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