Using findings from a study of all countries of the European Union, CVER's Vah?? Nafilyan and Dr Stefan Speckesser look at new evidence on the economic and social cost of low skills A new major study by the European Centre for the Development of Vocational Training (Cedefop) seeks to provide evidence for policy-makers on the economic and social cost of low skills in the EU. The authors [1] of this blog were part of the team which estimated the costs (and/or foregone benefits) of low skills to individuals, businesses, the economy and society at large. Using data for all countries of the European Union and building on findings from existing literature, this study aimed to provide a robust evidence base in relation to low-skilled adults in Europe. It derived estimates of the individual and social (monetary) value of the benefits of a faster increase of the level of skills in Member States as compared to the current trend.

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5 September 2017

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CVER Blog

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http://cver-blog.blogspot.com/2017/09/the-benefits-of-intermediate-level.html

This Blog is published under the centre's Education programme.