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Challenges And Policy Lessons For The Growth-Employment-Poverty Nexus In Developing Countries, Gary S. Fields
Challenges And Policy Lessons For The Growth-Employment-Poverty Nexus In Developing Countries, Gary S. Fields
Gary S Fields
Productivity growth and structural change are generally considered to be important determinants of economic growth. However recent research revealed that they do not necessarily lead to higher growth and employment rates. Recent studies, drawing on data from developing countries, showed that only the “right” kind of productivity growth resulted in higher employment rates. Enterprises in Africa and Latin America caught up in matters of technology; however, this process resulted in a substitution of employment by technology. The same is true for structural change; only the “right” kind of structural change caused more growth and employment. Whereas in Asia, labour shifted …
An Assessment Of The Singapore Skills Development System: Does It Constitute A Viable Model For Other Developing Nations?, Sarosh Kuruvilla, Christopher L. Erickson, Alvin Hwang
An Assessment Of The Singapore Skills Development System: Does It Constitute A Viable Model For Other Developing Nations?, Sarosh Kuruvilla, Christopher L. Erickson, Alvin Hwang
Sarosh Kuruvilla
In this paper, we briefly describe the institutional background to Singapore’s successful national skills development model. We devise a tentative framework to evaluate national level skills development efforts, and we use it to assess the Singapore model. We argue that the model has the potential to constantly move towards higher skills equilibria, and in those terms, it is successful. However, we question the long-term sustainability of the model, and whether it is transferable to other developing nations. We outline several useful principles that other nations might use in organizing their own skills development systems.