Europe 2020 : The Employment, Skills and Innovation Agenda
This technical note highlights some of the work the World Bank has recently conducted in support of the growth agenda outlined in the Europe 2020 strategy. The World Bank is actively supporting the new member states, as well as accession and neighb...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/757101468032637604/Europe-2020-the-employment-skills-and-innovation-agenda-a-World-Bank-technical-note http://hdl.handle.net/10986/27381 |
| Summary: | This technical note highlights some of
the work the World Bank has recently conducted in support of
the growth agenda outlined in the Europe 2020 strategy. The
World Bank is actively supporting the new member states, as
well as accession and neighborhood countries, in achieving
the Europe 2020 targets of smart, sustainable, and inclusive
growth. The engagement consists of policy and program
lending in these areas as well as analytical work. This note
focuses on highlighting some of the Bank's analytical
Europe 2020 work pertaining to raising employment rates and
skills levels as well as to spur innovation and technology
absorption. The technical note is structured as follows:
section one provides the macroeconomic background, and
highlights how the economies of the European Union (EU)-10
countries were steadily catching up with those of the EU-15
countries, but then the catching-up was interrupted by the
onset of the global financial and economic crisis. Section
two focuses on low employment rates in EU-10 countries,
particularly among older and less-educated workers, women,
and minority groups, in particular Roma, and highlights some
key issues in the organization of labor markets and labor
market related institutions. Section three focuses more
specifically on skills development across the life cycle,
with a brief discussion on selected policy areas: (1)
expansion of early childhood development programs to
universal coverage; (2) adopting ambitious, comprehensive
approaches to schooling to support higher levels of generic
skills for all; and (3) strengthening access to and
efficiency of tertiary education through higher education
financing reform and data collection as a basis for system
steering. Section four focuses on innovation and technology
absorption, highlighting how more and more efficient
research and development (R&D) spending will boost
economic growth in EU10 countries. |
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