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The NZ labour market is among the most flexible in the OECD, and outcomes for its young people have been among the best. However, labour-market opportunities are heavily determined by initial education, where New Zealand’s system is also successful and innovative in many ways. Average PISA...
Persistent link: https://www.econbiz.de/10010231025
In light of population ageing, globalisation, automation, and the effects of the COVID-19 pandemic, Thailand’s labour market is being significantly reshaped, and so are the skills required for higher employability. This paper analyses the capacity of Thailand’s education and training system...
Persistent link: https://www.econbiz.de/10012421216
New Zealand’s immigration system aims to enhance well-being by promoting economic development, reuniting families and meeting humanitarian objectives. Immigration is high and residence admissions are focused on the high skilled to enhance economic outcomes. Empirical evidence suggests that...
Persistent link: https://www.econbiz.de/10012111106
Persistent link: https://www.econbiz.de/10003544043
Public questioning about the role of finance has been fuelled by the perception that financial sector pay is an important factor behind high economic inequalities. This paper is the first to provide a comprehensive look at the level of earnings in finance and the implications for labour income...
Persistent link: https://www.econbiz.de/10011399479
Human capital is key for economic growth. Not only is it linked to aggregate economic performance but also to each individual’s labour market outcomes. However, a skilled population is not enough to achieve high and inclusive growth, as skills need to be put into productive use at work. Thanks...
Persistent link: https://www.econbiz.de/10010392970
Technological change is increasing the productivity of highly skilled workers but creating more challenging labour-market conditions for their low-skilled counterparts. These pressures are likely to grow, especially in light of progress being made in Artificial Intelligence. The NZ labour force...
Persistent link: https://www.econbiz.de/10011732741
Productivity growth in Lithuania has slowed in the aftermath of the global financial crisis, holding back income convergence and making it harder to reduce further the relatively high inequality and poverty. A comprehensive approach is required to address productivity and inclusiveness...
Persistent link: https://www.econbiz.de/10011995799
Labour market reforms are essential to promote social cohesion by removing obstacles to employment, particularly for women, youth and older persons. In addition to reducing income inequality and poverty, such reforms would also sustain economic growth as Korea’s working-age population begins...
Persistent link: https://www.econbiz.de/10011577917
Poor labour-market outcomes remain one of Poland’s major structural weaknesses, impeding firms’ competitiveness and the nation’s potential output. Boosting employment prospects is also critical, as the country will soon be ageing at a fast pace. Despite long working hours, labour...
Persistent link: https://www.econbiz.de/10010375396