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Education Featured Finance News World

Matching skills across borders: Are global skill partnerships a win-win solution for sending and receiving countries?

The world is at a demographic inflection point, presenting both challenges and opportunities. On the one hand, lower and lower-middle-income countries, particularly sub-Saharan Africa and South Asia, are experiencing expanding working-age populations. But they face a significant challenge: insufficient job creation to absorb all new labor market entrants. At the same time, many high-income and […]

Productivity Economy Featured Innovation Labour

Adult skills and productivity: New evidence from PIAAC 2023

Adult skills play a crucial role in shaping productivity. This column uses data from the 2023 OECD Survey of Adult Skills to analyse the relationship between productivity and the level and allocation of skills across industries. Differences in skill levels account for one-quarter of productivity gaps between the OECD average and the top three performers. […]