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date: 24 August 2019

Abstract and Keywords

This chapter considers patterns of skills demand and policy developments in the advanced economies. Determining the actual and anticipated skills demands of employers and individuals are key challenges for policy makers and an area of ongoing interest for academics. This chapter considers academic debates about skills demand, including whether upskilling or deskilling is taking place, as well as the increasing focus on ‘soft’ skills rather than traditional technical skills. This discussion is followed by data on trends and forecasting of skills development. How and where policy and practice positions are formulated are considered for both Coordinated Market Economies (CMEs) and Liberal Market Economies (LMEs), as well as the shifting policy positions and policy interventions. The chapter concludes with a commentary on these debates, trends and interventions.

Keywords: advanced economies, employability, employer demand, qualifications, skills demand, skills development, skills forecasting, skills investment, skills policy, skills utilisation

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