Global Economic Changes, Skills and International Competitiveness
Author(s)
Singh, Ajit
Abstract
This article reviews important recent changes in the world economy, analyzing their implications for industrializing economies’ skill requirements and international competitiveness. It is argued that the North’s information technology revolution has not so far dented the South’s competitiveness. With the infrastructure of education, science, technology and training systems industrializing countries now possess (particularly those in Asia), such technological challenges can be met. The other global institutional changes represent a greater threat and require greater market access and reciprocity from these countries. It will be hard for many industrializing countries to continue successfully operating their national systems of technological accumulation.
