JCI-JSC-WP-2020-03: Skills and Human Capital Development of ASEAN
Publication date: Sept 2020 | Length of paper: 29 pages | ISBN: TBC
This paper provides an overview of the human capital development policies of ASEAN in terms of education and training. It highlights the importance of aligning educational policies with industrial policies to create sustainable and inclusive growth in the domestic economy and region. There is also urgent need among ASEAN countries to achieve rapid catching-up through structural transformation that results in fast and sustained technological change and productivity growth, and more and better job generation leading to rising income and poverty reduction. To achieve this, the country needs to enhance both the social capabilities and human capital required to adopt advanced technologies and shift into new industries, in which education and training has a vital role to play.