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Accounting for education mismatch in developing countries - measurement, magnitudes, and explanations (Paperback)
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Accounting for education mismatch in developing countries - measurement, magnitudes, and explanations (Paperback)
Series: Directions in development
Expected to ship within 10 - 15 working days
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To stimulate economic advancement, low- and middle-income countries
need well-educated and trained workforces to fill the types of
skilled jobs that drive economic growth. Improving educational
quality and attainment and providing better training are all
rightly put forth as policy recommendations to leverage economic
growth and job creation. However, new findings based on large scale
surveys of adult skills from the World Bank Group's STEP (Skills
toward Employment and Productivity) Skills Measurement Program
suggest that many workers are overqualified for their current jobs
(based on the education those jobs require). The results of this
study suggest that countries may not reap as much benefit from
their investments in quality education and training if weak job
creation leaves workers' skills underutilised. Most of the
literature on mismatch focuses on higher-income countries and rates
of over-education among college graduates. Accounting for Mismatch
in Low- and Middle-Income Countries uses new STEP Skills Survey
data from 12 low- and middle-income countries, representing a range
of economic and educational and training climates, to better
understand the scope and patterns of education and skills mismatch.
STEP collects information not only on workers' level of education
and employment status, but also on the types, frequency, and
durations of tasks they carry out at their jobs as well as some of
the cognitive skills they use. The study also explores additional
factors such as gender, health, career stage, and participation in
the informal labor sector that may help explain the degree of
mismatch rates. The study's findings indicate that over-education
is common in low and middle income countries with both lower and
higher rates of educational attainment. There is also evidence that
over-educated tertiary workers do not use all of their skills,
potentially wasting valuable human capital and educational
resources. Aimed at policy makers, business and education leaders,
and employers, Accounting for Mismatch in Low- and Middle-Income
Countries suggests that job growth must go hand-in-hand with
investments in education and training.
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