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Organisation for Economic Co-operation and Development (OECD). OECD skills strategy: Better skills, better jobs, better lives – a strategic approach to skills policies. Author, Paris, 2012. Pages: 109.
The OECD skills strategy, released at the end of May, is centred on the notion that developing people’s skills and ensuring that those skills are used effectively on the job needs to involve all stakeholders ranging from governments and employers, to employees, trade unions and students. According to OECD, skills have become the global currency of 21st-century economies but have a tendency to depreciate as the requirements of labour markets change and individuals lose the skills they do not use. A lifelong learning approach is therefore necessary in order for skills to retain their value. The strategy outlines a systematic and comprehensive approach to skills policies that is global, inclusive, helps prioritise investment of resources, improves implementation efficiency across all government levels, and is suitable for both short- and long-term goals.OECD