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Challenges and Opportunities for Skills Development in Asia: Changing Supply, Demand and Mismatches

Author

Listed:
  • Asian Development Bank (ADB)
  • Asian Development Bank (ADB)

    (South Asia Department, ADB)

  • Asian Development Bank (ADB)

    (South Asia Department, ADB)

  • Asian Development Bank (ADB)

Abstract

This report discusses six key global trends on skills supply and demand in Asia. These are (i) the doubling of the labor pool, (ii) expansion of education access, (iii) economic and industrial transformation, (iv) technological advancement, (v) globalization and regional integration, and (vi) demographic shifts. The report highlights the need for Asia’s education systems to transform. It proposes four pillars on policies to address skills mismatch including (i) developing comprehensive national strategies and planning, (ii) reorienting and rebalancing education systems, (iii) prioritizing reforms in technical vocational education and training relevance and quality, and (iv) advancing international cooperation.

Suggested Citation

  • Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB) & Asian Development Bank (ADB), 2015. "Challenges and Opportunities for Skills Development in Asia: Changing Supply, Demand and Mismatches," ADB Reports RPT157748, Asian Development Bank (ADB).
    • Handle: RePEc:asd:wpaper:rpt157748
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    Citations

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    Cited by:

    1. Siti Raudhah M. Yusop & Mohammad Sattar Rasul & Ruhizan Mohamad Yasin & Haida Umiera Hashim & Nur Atiqah Jalaludin, 2022. "An Assessment Approaches and Learning Outcomes in Technical and Vocational Education: A Systematic Review Using PRISMA," Sustainability, MDPI, vol. 14(9), pages 1-18, April.
    2. Matthias Helble, 2018. "Toward a Consumer-Centered Economy and Its Implications for International Trade and Asia's Development," Asian Economic Papers, MIT Press, vol. 17(3), pages 56-74, Fall.
    3. Shin, Jung Cheol & Li, Xin & Byun, Bo-Kyung & Nam, Inhye, 2020. "Building a coordination system of HRD, research and industry for knowledge and technology-driven economic development in South Asia," International Journal of Educational Development, Elsevier, vol. 74(C).

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