School and Work in the Eastern Caribbean: Does the Education System Adequately Prepare Youth for the Global Economy?

ISBN-13: 9780821374580 / Angielski / Miękka / 2008 / 76 str.

World Bank

Opis

As the global economy rapidly changes and new technologies are introduced, more highly-skilled workers are required. In the countries of the Organization of Eastern Caribbean States (OECS), firms struggle to fill skilled positions due to a lack of qualified candidates, while the number of unemployed low skilled workers is growing. This paradox especially affects youth. Even during recent economic booms, youth unemployment has remained high, indicating a mismatch between skills acquired in school and the critical skills demanded by the labor market. More relevant education and training is needed to prepare young people for the demands of work. 'School and Work in the Eastern Caribbean' reviews the CARICOM Single Market Economy and resulting free movement of labor, and the implications this has for common standards and certification. The study provides in-depth analysis and relevant international cutting-edge practices to guide policymakers, educators, and the private sector leaders in fostering a creative, productive, and well-paid workforce. Specifically, it makes the case for why the education and training systems in OECS member countries need to be more responsive to changing labor market demands in the region, and discusses how this could be achieved, taking into consideration the latest education and training policies in the region.