The Skills Discussion: What Are We Missing?
Skills education is often seen as a panacea for poverty, and developing countries, in Africa and Asia, pour enormous sums of money to build skills infrastructure. There is an intuitive sense behind all this: The policy makers in these countries look up to the industrialised nations and ask what they need to get even. The need for infrastructure, physical and human, become too obvious both from the study of economic history and a casual walk down Oxford Circus. It also makes a lot of political sense: The government can build elaborate employability programmes to impress its rural population eager to join urban life, and the middle class voters, disappointed with the lack of skilled masons, plumbers and electricians, do not mind. Indeed, all this makes sense if one believes that the world economy is moving in a straight line, but one clearly knows it isn't. Again, a reading of economic history or a casual walk down Oxford Circus makes the central idea quite clear: Things are ch...