Publication:
Skills for the 21st Century in Latin America and the Caribbean

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dc.contributor.authorWalker, Ian
dc.contributor.authorAedo, Cristian
dc.date.accessioned2012-03-19T08:44:15Z
dc.date.available2012-03-19T08:44:15Z
dc.date.issued2012-02-09
dc.description.abstractThere is growing interest, worldwide, in the link between education systems and the production of skills that are valued in the labor market. With growth stagnating and unemployment soaring in much of the world, educators are being asked to focus more on producing skills that feed into labor productivity and support the sustainable growth of employment and incomes. This timely volume contributes important new findings on the dynamics of education systems and labor market outcomes in Latin America and the Caribbean (LAC). It analyzes an important recent shift in labor market trends in LAC: the first decade of the 21st century has witnessed a marked decline in the earnings premia for university and secondary education. This, in turn, is contributing to reduced income inequality across the region. The recent trend contrasts with the sharp rise in tertiary earnings premia that was observed in the 1990s and that helped to reinforce high levels of income inequality in the region at that time. The authors recommend that, having achieved very large increases in secondary and tertiary enrollment, the region should now focus on improving the quality of its education systems and the pertinence of education curricula for the needs of the labor market. At age 15, the learning achievement of the average Latin American student still lags two years behind his or her Organization for Economic Co-operation and Development (OECD) contemporary. The study opens up an important agenda for future research. While the evidence presented on the trends in education earnings premia is clear, the conclusions about the causes and significance of those trends are largely based on suggestive evidence for a limited number of countries, and are not definitive because of data limitations. The findings call for further in-depth analysis of the nature of skill mismatches, to inform policies that can strengthen the region's future economic growth by enhancing the productivity and earnings potential of the workforce.en
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120127034728
dc.identifier.doi10.1596/978-0-8213-8971-3
dc.identifier.isbn978-0-8213-8971-3
dc.identifier.urihttps://hdl.handle.net/10986/2236
dc.languageEnglish
dc.publisherWorld Bank
dc.relation.ispartofseriesDirections in Development ; human development
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectABLE STUDENTS
dc.subjectACQUISITION OF SKILLS
dc.subjectADULT POPULATIONS
dc.subjectBASIC SKILLS
dc.subjectCALL
dc.subjectCOGNITIVE SKILLS
dc.subjectCOLLEGE GRADUATE
dc.subjectCURRICULA
dc.subjectDEMAND FOR EDUCATION
dc.subjectDROPOUT RATES
dc.subjectEARLY CHILDHOOD
dc.subjectECONOMIC GROWTH
dc.subjectEDUCATED WORKERS
dc.subjectEDUCATION ATTAINMENT
dc.subjectEDUCATION INVESTMENT
dc.subjectEDUCATION LEVEL
dc.subjectEDUCATION LEVELS
dc.subjectEDUCATION OF CHILDREN
dc.subjectEDUCATION PROGRAMS
dc.subjectEDUCATION QUALITY
dc.subjectEDUCATION SPENDING
dc.subjectEDUCATION SYSTEM
dc.subjectEDUCATION SYSTEMS
dc.subjectEDUCATIONAL ATTAINMENT
dc.subjectEDUCATIONAL ATTAINMENTS
dc.subjectEDUCATIONAL CHOICES
dc.subjectEDUCATIONAL DECISIONS
dc.subjectEDUCATIONAL EXPANSION
dc.subjectEDUCATIONAL HISTORY
dc.subjectEDUCATORS
dc.subjectEFFECTS OF EDUCATION
dc.subjectENROLLMENT
dc.subjectEXPANSION OF EDUCATION
dc.subjectFAMILY LIFE
dc.subjectFORMAL EDUCATION
dc.subjectGENERIC SKILLS
dc.subjectGRADE LEVELS
dc.subjectHIGH SCHOOL
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHUMAN DEVELOPMENT
dc.subjectINDEXES
dc.subjectINVESTMENT IN EDUCATION
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLEADERSHIP
dc.subjectLEARNING
dc.subjectLEARNING ACHIEVEMENT
dc.subjectLEARNING ACHIEVEMENTS
dc.subjectLEARNING NEEDS
dc.subjectLEARNING OUTCOMES
dc.subjectLET
dc.subjectLEVEL OF EDUCATION
dc.subjectLEVELS OF EDUCATION
dc.subjectLITERACY
dc.subjectLITERACY SKILLS
dc.subjectMATHEMATICS
dc.subjectNEGATIVE EFFECTS
dc.subjectNEW ENTRANTS
dc.subjectNUTRITION
dc.subjectOCCUPATIONS
dc.subjectPAPERS
dc.subjectPARENTAL EDUCATION
dc.subjectPARITY
dc.subjectPEER REVIEW
dc.subjectPERFORMANCE IN MATHEMATICS
dc.subjectPERSONALITY
dc.subjectPOOR PERFORMANCE
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY GRADUATES
dc.subjectQUALITY OF EDUCATION
dc.subjectREADING
dc.subjectRETURNS TO EDUCATION
dc.subjectRIGOROUS ANALYSIS
dc.subjectSCHOOL DROPOUT
dc.subjectSCHOOL DROPOUTS
dc.subjectSCHOOL EFFECTS
dc.subjectSCHOOL GRADUATE
dc.subjectSCHOOL GRADUATES
dc.subjectSCHOOL LEVEL
dc.subjectSCHOOLING
dc.subjectSCHOOLS
dc.subjectSECONDARY EDUCATION
dc.subjectSECONDARY LEVEL
dc.subjectSECONDARY SCHOOL
dc.subjectSIGNIFICANT CHALLENGES
dc.subjectSKILL TRAINING
dc.subjectSKILLED WORKERS
dc.subjectSKILLED WORKFORCE
dc.subjectSOCIAL BEHAVIOR
dc.subjectSTUDENT ACHIEVEMENT
dc.subjectSTUDENT ASSESSMENT
dc.subjectTEACHERS
dc.subjectTEACHING
dc.subjectTECHNICAL EDUCATION
dc.subjectTERTIARY EDUCATION
dc.subjectTEST SCORES
dc.subjectTRAINING PROGRAMS
dc.subjectTYPES OF EDUCATION
dc.subjectUNIVERSITY EDUCATION
dc.subjectVOCATIONAL EDUCATION
dc.subjectYOUNG PEOPLE
dc.titleSkills for the 21st Century in Latin America and the Caribbeanen
dspace.entity.typePublication
okr.crosscuttingsolutionareaGender
okr.date.disclosure2012-01-25
okr.doctypePublications & Research::Publication
okr.doctypePublications & Research::Publication
okr.docurlhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120127034728
okr.globalpracticeEducation
okr.guid187841468047799960
okr.identifier.doi10.1596/978-0-8213-8971-3
okr.identifier.externaldocumentum000386194_20120127034728
okr.identifier.internaldocumentum15739933
okr.identifier.report66519
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2012/01/27/000386194_20120127034728/Rendered/PDF/665190PUB0EPI00skills09780821389713.pdfen
okr.region.administrativeLatin America & Caribbean
okr.region.geographicalCaribbean
okr.region.geographicalLatin America
okr.topicGender::Gender and Education
okr.topicEducation::Education For All
okr.topicEducation::Access & Equity in Basic Education
okr.topicTeaching and Learning
okr.topicEducation::Primary Education
okr.unitEducation (ECSH2)
okr.volume1 of 1
relation.isAuthorOfPublication95eaca92-1503-5950-97f5-b5dfb6a8d0ce
relation.isAuthorOfPublication.latestForDiscovery95eaca92-1503-5950-97f5-b5dfb6a8d0ce
relation.isSeriesOfPublication706db16a-e556-46f0-8283-1b4a4b88645c
relation.isSeriesOfPublication.latestForDiscovery706db16a-e556-46f0-8283-1b4a4b88645c
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