EconPapers    
Economics at your fingertips  
 

Education, skill training, and lifelong learning in the era of technological revolution: a review

Jinyoung Kim () and Cyn-Young Park ()

Asian-Pacific Economic Literature, 2020, vol. 34, issue 2, 3-19

Abstract: Rapid technological development makes skills depreciate faster than in the past while new technologies generate gaps in workers' skills and call for the acquisition of appropriate skills and lifelong learning. Proper skill mixes for future jobs include strong cognitive skills, basic information and communication technology, and analytical skills, as well as a range of non‐cognitive skills such as creativity, problem‐solving, critical thinking, and communication. Retraining and reskilling workers are also crucial, particularly as life expectancy increases. All these changes lead to a major rethinking of education and skill training throughout a person's life. This paper reviews the recent studies on human capital and skill formation in the era of rapid technological progress. Findings from these studies, particularly in labour economics, can shed light on new directions for lifelong education policies, for example (1) parental investment in pre‐school learning is reflected in highly positive adult outcomes; (2) as far as education inputs are concerned, teacher quality is far more important than additional school resources; and (3) government workforce training programs are largely ineffective as compared to private training, which contribute significantly to worker productivity.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed

Downloads: (external link)
https://doi.org/10.1111/apel.12299

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:apacel:v:34:y:2020:i:2:p:3-19

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0818-9935

Access Statistics for this article

Asian-Pacific Economic Literature is currently edited by Ron Duncan

More articles in Asian-Pacific Economic Literature from Asia Pacific School of Economics and Government, The Australian National University
Bibliographic data for series maintained by Wiley Content Delivery ().

 
Page updated 2022-05-20
Handle: RePEc:bla:apacel:v:34:y:2020:i:2:p:3-19