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

There 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 m...

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Main Authors: Aedo, Cristian, Walker, Ian
Format: Publication
Language:English
Published: World Bank 2012
Subjects:
LET
Online Access:http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120127034728
http://hdl.handle.net/10986/2236
id okr-10986-2236
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABLE STUDENTS
ACQUISITION OF SKILLS
ADULT POPULATIONS
BASIC SKILLS
CALL
COGNITIVE SKILLS
COLLEGE GRADUATE
CURRICULA
DEMAND FOR EDUCATION
DROPOUT RATES
EARLY CHILDHOOD
ECONOMIC GROWTH
EDUCATED WORKERS
EDUCATION ATTAINMENT
EDUCATION INVESTMENT
EDUCATION LEVEL
EDUCATION LEVELS
EDUCATION OF CHILDREN
EDUCATION PROGRAMS
EDUCATION QUALITY
EDUCATION SPENDING
EDUCATION SYSTEM
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL ATTAINMENTS
EDUCATIONAL CHOICES
EDUCATIONAL DECISIONS
EDUCATIONAL EXPANSION
EDUCATIONAL HISTORY
EDUCATORS
EFFECTS OF EDUCATION
ENROLLMENT
EXPANSION OF EDUCATION
FAMILY LIFE
FORMAL EDUCATION
GENERIC SKILLS
GRADE LEVELS
HIGH SCHOOL
HOUSEHOLD SURVEYS
HUMAN DEVELOPMENT
INDEXES
INVESTMENT IN EDUCATION
LABOR FORCE
LABOR MARKET
LEADERSHIP
LEARNING
LEARNING ACHIEVEMENT
LEARNING ACHIEVEMENTS
LEARNING NEEDS
LEARNING OUTCOMES
LET
LEVEL OF EDUCATION
LEVELS OF EDUCATION
LITERACY
LITERACY SKILLS
MATHEMATICS
NEGATIVE EFFECTS
NEW ENTRANTS
NUTRITION
OCCUPATIONS
PAPERS
PARENTAL EDUCATION
PARITY
PEER REVIEW
PERFORMANCE IN MATHEMATICS
PERSONALITY
POOR PERFORMANCE
PRIMARY EDUCATION
PRIMARY GRADUATES
QUALITY OF EDUCATION
READING
RETURNS TO EDUCATION
RIGOROUS ANALYSIS
SCHOOL DROPOUT
SCHOOL DROPOUTS
SCHOOL EFFECTS
SCHOOL GRADUATE
SCHOOL GRADUATES
SCHOOL LEVEL
SCHOOLING
SCHOOLS
SECONDARY EDUCATION
SECONDARY LEVEL
SECONDARY SCHOOL
SIGNIFICANT CHALLENGES
SKILL TRAINING
SKILLED WORKERS
SKILLED WORKFORCE
SOCIAL BEHAVIOR
STUDENT ACHIEVEMENT
STUDENT ASSESSMENT
TEACHERS
TEACHING
TECHNICAL EDUCATION
TERTIARY EDUCATION
TEST SCORES
TRAINING PROGRAMS
TYPES OF EDUCATION
UNIVERSITY EDUCATION
VOCATIONAL EDUCATION
YOUNG PEOPLE
spellingShingle ABLE STUDENTS
ACQUISITION OF SKILLS
ADULT POPULATIONS
BASIC SKILLS
CALL
COGNITIVE SKILLS
COLLEGE GRADUATE
CURRICULA
DEMAND FOR EDUCATION
DROPOUT RATES
EARLY CHILDHOOD
ECONOMIC GROWTH
EDUCATED WORKERS
EDUCATION ATTAINMENT
EDUCATION INVESTMENT
EDUCATION LEVEL
EDUCATION LEVELS
EDUCATION OF CHILDREN
EDUCATION PROGRAMS
EDUCATION QUALITY
EDUCATION SPENDING
EDUCATION SYSTEM
EDUCATION SYSTEMS
EDUCATIONAL ATTAINMENT
EDUCATIONAL ATTAINMENTS
EDUCATIONAL CHOICES
EDUCATIONAL DECISIONS
EDUCATIONAL EXPANSION
EDUCATIONAL HISTORY
EDUCATORS
EFFECTS OF EDUCATION
ENROLLMENT
EXPANSION OF EDUCATION
FAMILY LIFE
FORMAL EDUCATION
GENERIC SKILLS
GRADE LEVELS
HIGH SCHOOL
HOUSEHOLD SURVEYS
HUMAN DEVELOPMENT
INDEXES
INVESTMENT IN EDUCATION
LABOR FORCE
LABOR MARKET
LEADERSHIP
LEARNING
LEARNING ACHIEVEMENT
LEARNING ACHIEVEMENTS
LEARNING NEEDS
LEARNING OUTCOMES
LET
LEVEL OF EDUCATION
LEVELS OF EDUCATION
LITERACY
LITERACY SKILLS
MATHEMATICS
NEGATIVE EFFECTS
NEW ENTRANTS
NUTRITION
OCCUPATIONS
PAPERS
PARENTAL EDUCATION
PARITY
PEER REVIEW
PERFORMANCE IN MATHEMATICS
PERSONALITY
POOR PERFORMANCE
PRIMARY EDUCATION
PRIMARY GRADUATES
QUALITY OF EDUCATION
READING
RETURNS TO EDUCATION
RIGOROUS ANALYSIS
SCHOOL DROPOUT
SCHOOL DROPOUTS
SCHOOL EFFECTS
SCHOOL GRADUATE
SCHOOL GRADUATES
SCHOOL LEVEL
SCHOOLING
SCHOOLS
SECONDARY EDUCATION
SECONDARY LEVEL
SECONDARY SCHOOL
SIGNIFICANT CHALLENGES
SKILL TRAINING
SKILLED WORKERS
SKILLED WORKFORCE
SOCIAL BEHAVIOR
STUDENT ACHIEVEMENT
STUDENT ASSESSMENT
TEACHERS
TEACHING
TECHNICAL EDUCATION
TERTIARY EDUCATION
TEST SCORES
TRAINING PROGRAMS
TYPES OF EDUCATION
UNIVERSITY EDUCATION
VOCATIONAL EDUCATION
YOUNG PEOPLE
Aedo, Cristian
Walker, Ian
Skills for the 21st Century in Latin America and the Caribbean
geographic_facet Latin America & Caribbean
Caribbean
Latin America
relation Directions in Development ; human development
description There 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.
format Publications & Research :: Publication
author Aedo, Cristian
Walker, Ian
author_facet Aedo, Cristian
Walker, Ian
author_sort Aedo, Cristian
title Skills for the 21st Century in Latin America and the Caribbean
title_short Skills for the 21st Century in Latin America and the Caribbean
title_full Skills for the 21st Century in Latin America and the Caribbean
title_fullStr Skills for the 21st Century in Latin America and the Caribbean
title_full_unstemmed Skills for the 21st Century in Latin America and the Caribbean
title_sort skills for the 21st century in latin america and the caribbean
publisher World Bank
publishDate 2012
url http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120127034728
http://hdl.handle.net/10986/2236
_version_ 1764385076477427712
spelling okr-10986-22362021-04-23T14:02:00Z Skills for the 21st Century in Latin America and the Caribbean Aedo, Cristian Walker, Ian ABLE STUDENTS ACQUISITION OF SKILLS ADULT POPULATIONS BASIC SKILLS CALL COGNITIVE SKILLS COLLEGE GRADUATE CURRICULA DEMAND FOR EDUCATION DROPOUT RATES EARLY CHILDHOOD ECONOMIC GROWTH EDUCATED WORKERS EDUCATION ATTAINMENT EDUCATION INVESTMENT EDUCATION LEVEL EDUCATION LEVELS EDUCATION OF CHILDREN EDUCATION PROGRAMS EDUCATION QUALITY EDUCATION SPENDING EDUCATION SYSTEM EDUCATION SYSTEMS EDUCATIONAL ATTAINMENT EDUCATIONAL ATTAINMENTS EDUCATIONAL CHOICES EDUCATIONAL DECISIONS EDUCATIONAL EXPANSION EDUCATIONAL HISTORY EDUCATORS EFFECTS OF EDUCATION ENROLLMENT EXPANSION OF EDUCATION FAMILY LIFE FORMAL EDUCATION GENERIC SKILLS GRADE LEVELS HIGH SCHOOL HOUSEHOLD SURVEYS HUMAN DEVELOPMENT INDEXES INVESTMENT IN EDUCATION LABOR FORCE LABOR MARKET LEADERSHIP LEARNING LEARNING ACHIEVEMENT LEARNING ACHIEVEMENTS LEARNING NEEDS LEARNING OUTCOMES LET LEVEL OF EDUCATION LEVELS OF EDUCATION LITERACY LITERACY SKILLS MATHEMATICS NEGATIVE EFFECTS NEW ENTRANTS NUTRITION OCCUPATIONS PAPERS PARENTAL EDUCATION PARITY PEER REVIEW PERFORMANCE IN MATHEMATICS PERSONALITY POOR PERFORMANCE PRIMARY EDUCATION PRIMARY GRADUATES QUALITY OF EDUCATION READING RETURNS TO EDUCATION RIGOROUS ANALYSIS SCHOOL DROPOUT SCHOOL DROPOUTS SCHOOL EFFECTS SCHOOL GRADUATE SCHOOL GRADUATES SCHOOL LEVEL SCHOOLING SCHOOLS SECONDARY EDUCATION SECONDARY LEVEL SECONDARY SCHOOL SIGNIFICANT CHALLENGES SKILL TRAINING SKILLED WORKERS SKILLED WORKFORCE SOCIAL BEHAVIOR STUDENT ACHIEVEMENT STUDENT ASSESSMENT TEACHERS TEACHING TECHNICAL EDUCATION TERTIARY EDUCATION TEST SCORES TRAINING PROGRAMS TYPES OF EDUCATION UNIVERSITY EDUCATION VOCATIONAL EDUCATION YOUNG PEOPLE There 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. 2012-03-19T08:44:15Z 2012-03-19T08:44:15Z 2012-02-09 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000386194_20120127034728 978-0-8213-8971-3 http://hdl.handle.net/10986/2236 English Directions in Development ; human development CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank Publications & Research :: Publication Publications & Research :: Publication Latin America & Caribbean Caribbean Latin America