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Skills have become the global currency of the 21st century. Without proper investment in skills, people languish on the margins of society, technological progress does not translate into economic growth, and countries can no longer compete in an increasingly knowledge-based global society. But this “currency” depreciates as the requirements of labour markets evolve and individuals lose the skills they do not use. Skills do not automatically convert into jobs and growth.
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Key policy lessons on developing relevant skills
How can countries improve the quality and quantity of relevant skills?
Countries can encourage and enable people to learn throughout their lives
Countries can enable skilled people to enter their territory
Countries can establish effective cross-border skills policies -
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