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Centre for Progressive Capitalism Archive

Byline: Andreas Schleicher

Skills formulation must become everybody’s business

Investing in high-quality education is the key for improving the economic and social well-being of people around the world

Skills formulation must become everybody’s business

Investing in high-quality education is the key for improving the economic and social well-being of people around the world

In today’s world economy, education and skills are the driving forces for progress. Wealth and individual well-being, in turn, depend on nothing more than on what people know and what they can do with what they know. There is no shortcut to equipping people with the right skills and to providing people with the right opportunities to use their skills effectively. And if there’s one lesson the global economy has taught policymakers over the last few years, it’s that we cannot simply bail ourselves out of a crisis, that we cannot solely stimulate ourselves out of a crisis and that we cannot just money print our way out of a crisis. Instead, in today’s world economy, education and skills are the driving forces for progress. Investing in high-quality education will thus be the key for improving the economic and social well-being of people around the world.

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Author Andreas SchleicherPosted on 02/10/201509/11/2018Categories Public Services, Welfare and Skills, SkillsLeave a comment on Skills formulation must become everybody’s business

Research Areas

  • Public Services, Welfare and Skills
    • Health and Social Care
    • Skills
  • Strategic Economic Infrastructure
    • Housing
    • Transport
  • Sustainable Public Finances
  • Trade and Competitiveness
    • Competition Policy
    • Corporate Governance
    • Fiscal and Monetary Policy
    • Investment
  • Productivity
  • Inclusive Growth
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