Skills for growth: human capital composition and economic performance

OECD analyses have begun to understand the relationship between digitalisation, jobs and skills, the magnitude of potential job substitution due to technological change, the relationship between globalisation and wage polarisation, as well as the changes to the organisation of work.

Ongoing innovation in technology is changing labour markets worldwide. To understand the future of work in the digital era, we need to move away from the traditional economic classification of manufacturing and non-manufacturing sectors.

Low birth rates have become a pressing issue in Italy and many young Italians feel they do not enjoy the necessary economic stability to plan ahead and start a family. Education that matches the skill needs of employers leading to work-based learning in the form of apprenticeships can be useful to help young Italians plan ahead and to sustain the much needed increase in the birth rate.

The OECD has just released a new working paper by Thor Berger and Carl Frey which provides a systematic overview of the literature examining the impact of digitalisation on labour markets. The paper highlights some well-known as well as some lesser-known facts about digitalisation, deindustrialisation and the future of work.

Information and communication technologies (ICT) are profoundly changing the skill profile of jobs. Skill development policies need to be overhauled to reduce the risk of increased unemployment and growing inequality.

Information and communication technologies (ICT) are changing profoundly the skill profile of jobs. To thrive in the digital economy, ICT skills will not be enough and other complementary skills will be needed, ranging from good literacy and numeracy skills through to the right socio-emotional skills to work collaboratively and flexibly.

The OECD LEED Trento Centre organised a working group session on "Cultural heritage as catalyst of local development " on Thursday, 22 June, 2017 - 12.30 to 15.30 in the context of ArtLab 17 in Milan.

This policy brief discusses the possible impact of digitalisation on women and men, and proposes a range of policies to ensure that technological change supports a closing, and not a widening, of gender gaps.

Full and effective implementation of recent reforms, including the Jobs Act and the Good Schools reform, would help boost growth in Italy by improving people’s skills and ensuring their more effective use across the country, according to a new OECD report.

Years after the start of the recession the situation of youth in the Italian labour market remains quite bleak. Nearly one in four young people in Italy are neither in employment, education, or training (NEETs) and many young people lack the right skills. Within this context, the government is introducing promising reforms to give young people a better start in the world of work.

This seminar focused on the main challenges in Trentino (Italy) concerning the necessary actions to overcome existing burdens – administrative firstly but also financial and concerning business service available at local level - and to ease the start-up of new and innovative business as well as attract FDI and international business.

Recent reforms of Italy’s education system (“Buona Scuola”), labour market (“Jobs Act”) and industrial policy (“Industria 4.0”) have clear synergies and could reduce worrying imbalances between the supply and demand of skills on the Italian labour market, according to the new OECD report Getting Skills Right: Italy.

Skill mismatches and shortages are pervasive in the Italian labour market. In light of the many skill challenges, the Italian Government recently launched a set of comprehensive reforms. However, a number of implementation challenges remain, which are discussed in the recently released OECD report Getting Skills Right: Italy.

The OECD LEED Trento Centre is working with Italy and the Autonomous Province of Trento to strengthen capacities to develop and implement integrated strategies targeted at improving the quality of life and well-being of people and reversing demographic trends in ‘inner areas’ (sparsely populated areas and stranded communities isolated from large and medium-sized urban centres).

OECD will measure the impact of digitalising the Mexican Social Security Institute formalities and guide future efforts on simplification

The Phase 3 Report on Italy by the OECD Working Group on Bribery evaluates and makes recommendations on Italy's implementation and application of the OECD Convention on Combating Bribery of Foreign Public Officials in International Business Transactions and related instruments.

The OECD Working Group on Bribery commends Italy for the adoption of a Bill on 15 March, by the Italian Senate, which, if adopted by the Chamber of Deputies, would significantly extend the statute of limitations to allow more time to prosecute and sanction foreign bribery cases.

Korea tops a new OECD PISA survey that tests how 15-year olds use computers and the Internet to learn. The next best performers were New Zealand, Australia, Japan, Hong-Kong China and Iceland.

The 2011 edition of Education at a Glance: OECD Indicators enables countries to see themselves in the light of other countries’ performance.

Entry rates for higher education increased after Italy introduced a new degree structure in the early 2000s. While university-level attainment still remains below the OECD average, the gap for younger generations of Italians is expected to narrow over the next decade.

Most of us think of education as the great leveller; but are our education systems really doing all they can to ensure that boys and girls from all backgrounds have an equal shot at a high-quality education? As this month’s PISA in Focus reports, some countries have been more successful than others in levelling the playing field for their students.

Digital economies are powered by skills. People with the high-end skills needed to invent and apply new technologies are in high demand the world over. At the same time, the portfolio of basic skills needed to navigate technology-rich environments and function effectively in our connected societies has expanded. How severe is the shortage of ICT skills? And what needs to be done to fill the gaps?

To pursue economic growth, Russia must develop its human capital, which requires structural reforms in education, healthcare and pensions. These, in turn, must respond to major trends in service provision, including the increasing role of individual choice, the need to deliver lifelong learning and healthcare, and the risk that Russians will increasingly buy services abroad, rather than work to develop their own national systems.

Note summarising the performance of Italy in the PISA 2012 assessment of mathematics, reading and science.

PISA 2012 financial literacy results focusing on the performance of Australia amongst 17 other countries and economies who participated in the assessment: Australia, Belgium (Flemish Community), Shanghai-China, Colombia, Croatia, Czech Republic, Estonia, France, Israel, Latvia, New Zealand, Poland, Russia, Slovak Republic, Slovenia, Spain and the United States

PISA 2012 financial literacy results focusing on the performance of Italy amongst 17 other countries and economies who participated in the assessment: Australia, Belgium (Flemish Community), Shanghai-China, Colombia, Croatia, Czech Republic, Estonia, France, Israel, Latvia, New Zealand, Poland, Russia, Slovak Republic, Slovenia, Spain and the United States

In 1973, Martin Cooper, a researcher at Motorola, made the first call from a handheld mobile phone prototype. This phone weighed 1.1 kg, took 10 hours to re-charge and was limited to 30 minutes of talking time. When it was commercialized in 1983, the phone cost approximately 7,000 USD.

The Indonesian economy has enjoyed strong and stable growth over the past decade and a half, leading to impressive reductions in poverty and major improvements in living standards. But challenges remain to continue to converge towards higher-income countries, according to the latest OECD Economic Survey of Indonesia.

The use of ICT for students’ projects or class work is an active teaching practice that promotes skills for students’ lifelong success.

In Finland, the numeracy and literacy skills of adults are among the highest in the countries measured through the OECD’s 2012 Survey of Adult Skills. The Survey assessed the skills of adults in literacy, numeracy and problem solving in technology-rich environments in 24 countries and sub-national regions in the first round of the Survey.

The digital divide has shifted.

This report discusses the implications of the digitalisation of finance for financial education and relevant consumer protection issues and provides an overview of digital financial services around the world.

Interview with Matthew D’Ancona, political columnist for the Guardian and the New York Times

Full and effective implementation of recent reforms, including the Jobs Act and the Good Schools reform, would help boost growth in Italy by improving people’s skills and ensuring their more effective use across the country, according to a new OECD report.

Recent reforms of Italy’s education system (“Buona Scuola”), labour market (“Jobs Act”) and industrial policy (“Industria 4.0”) have clear synergies and could reduce worrying imbalances between the supply and demand of skills on the Italian labour market, according to the new OECD report Getting Skills Right: Italy.

"Everyone believes in the atrocities of the enemy and disbelieves in those of his own side, without ever bothering to examine the evidence”, George Orwell wrote in 1943. And in an era of ‘fake news’ and post-truth, it resembles our world today.

Several government hospitals denied admission to Suresh, an auto-driver in Bengaluru, before a Twitter user highlighted his ordeal and prompted the DIPR to provide help.

The finding could explain several mysteries, including why children are unlikely to die from COVID-19.

What was the reaction of the Bachchan family when Abhishek Bachchan decided to take a two-year-long break from films?

When Aishwarya Rai and Sushmita Sen met at Nita Ambani's bash.

This report compares urbanisation trends on the basis of a common methodology which helps cross-country comparison of the socio-economic and environmental performance of metropolitan areas in 28 OECD countries.

This seminar was part of a three-year programme of cooperation between the European Commission and the OECD LEED Programme to monitor and report on entrepreneurial activity in Europe and related public policies and actions.

Entrepreneurship and the development of Small and Medium-Sized Enterprises (SMEs) are key drivers of economic growth and job creation. The OECD review series on Boosting Local Entrepreneurship and Enterprise Creation, of which this study is a part, examines the capacity of local economies to support successful new enterprise creation and the growth of small enterprises.

Brazil’s economic growth has been supported in recent years by important government investment and social programmes that mobilise resources across the country. These programmes could help Brazil to meet its goals of sustaining economic growth and fostering social development, while reducing regional disparities.

The metropolitan region of Aix-Marseille in the south of France needs to tackle its fragmentated governance if it is to return to more inclusive and sustainable economic growth, according to a new OECD report.

A major flooding of the Seine River similar to the flood disaster of 1910 could affect up to 5 million residents in the greater Paris area and cause up to 30 billion euros worth of damage, according to a new OECD report.

Italy has significantly improved the quality of health care in recent decades but needs to tackle the wide disparities that remain between regions, according to a new OECD report.

The Trentino co-operative model has gained wide acclaim for its positive economic and social impact upon the territory. Developing a strong understanding of why the model has been so effective is important in identifying those factors which other localities could utilise as potential criticalities.

The seminar was organised by IPRASE, provincial institute for research and educational experimentation, instrumental body of the Autonomous Province of Trento, the Autonomous Province of Trento and the OECD LEED Trento Centre. The seminar represented a first public reflection on the Trentino Multilingualism Plan within a national and international comparison framework, in view of future prospects.