Technical and Vocational Education and Training in Asia and the Pacific – It’s Matter for Economic Performance with the 4th Industrial Revolution

G.L.D. Wickramasinghe and Vathsala Wickramasinghe ()
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G.L.D. Wickramasinghe: University of Moratuwa
Vathsala Wickramasinghe: University of Moratuwa

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Abstract: The very nature of work, labor market composition, and skill requirements are severely affected by technology-driven transformations currently underway with the 4th industrial revolution (4IR). The effect of 4IR technologies on technical and vocational education and training (TVET) and the contribution of TVET to the labor market is explicit. The paper presents the findings of a study that investigated whether TVET institutions are prepared to face the challenges of 4IR. The data for the study were collected by surveying 428 teachers from 15 countries in Asia and the Pacific engaged in science, technology, engineering, and mathematics (STEM) fields at the tertiary level. The findings of our study undoubtedly bring greater attention to the initiatives of TVET in these countries in preparing the workforce for job roles necessitated in the 4IR. The findings can also be used to frame policy recommendations for the growth of economies.

Keywords: Annual growth rate of real gross domestic product per employed person; economic growth; Industrial development; Economic development policy; Sustainable Development Goals; Economic growth; Education policy; Workforce readiness; Industry 4.0; technical and vocational education and training; vocational education and training; East Asia; South Asia; Fourth Industrial Revolution (search for similar items in EconPapers)
Date: 2025
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Published in Journal of Economic Analysis, 2025, 4 (1), pp.170 - 191. ⟨10.58567/jea04010009⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05482857

DOI: 10.58567/jea04010009

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