How we think about skills: A "Markets" model of adult learning

Skill Demande

  • Economic
  • Social
 Markets for skill

Skill supply

+quality of early childhood experience
+ quantity of primary and secondary education
+ quantity and quality of tertiary
+ quantity and quality of adult learning (formal, non-formal, informal)
+/- immigration
+/- emmigration
- skill loss associated with insufficient demand
+/- social demand for skill
+/- economic demand for skill

Outcomes

  • Economic
  • Social
  • Educational
  • Health