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Abstract: A 17 page paper. It is generally accepted that global competitiveness is dependent upon the skills and knowledge of the workforce. Rapid changes in technology and in the marketplace means that companies need to have a workforce that is well skilled in order to keep up with these changes, thus, some countries have adopted a high skills route to economic success. The paper addresses the question of whether a high skills route is the most appropriate route for all countries or is a low skills route appropriate for some. The writer reports other factors besides skill level that influence the economic success of countries and companies. Countries mentioned include the U.S., the U.K., Singapore, Japan and Hong Kong. Bibliography lists 8 sources.
Catagory:
Subcatagory: Miscellaneous Economic Issues
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