Unleashing the Skills Economy: How Governments can Turn Labor Market Threats into Opportunities in the Digital and Green Age
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The Risks and Opportunities of the Twin Transitions
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Country Readiness for Smart Green Growth
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How Governments can Unleash the Skills Economy
The common denominator of the new sectors emerging from the twin transitions is skills. Countries that are quicker to develop what we have coined their “skills economy”, one where people and technology complement each other to innovate, will have the competitive edge and, as discussed in this paper, a stronger chance of achieving inclusive and sustainable development.
To unleash the skills economy, governments around the world need a strategic vision of economic development centered on skills. To put that vision into practice, governments need to embrace three enablers: Transformative Leadership, Agile Governance and Collaborative Action.