OECD Skills Strategy Latvia
Assessment and Recommendations
Skills are the key to shaping a better future. Skills are central to the capacity of countries and people to thrive in an increasingly interconnected and rapidly changing world. Megatrends such as globalisation, technological advance and demographic change are reshaping work and society, generating a growing demand for higher levels of skills, as well as new sets of skills.
OECD Skills Strategy projects provide a strategic and comprehensive approach to assess countries’ skills challenges and opportunities, and build more effective skills systems. The OECD works collaboratively with countries to develop policy responses that are tailored to each country’s specific skills needs. The foundation of this approach is the OECD Skills Strategy framework, which allows for an exploration of what countries can do better to i) develop relevant skills over the life course, ii) use skills effectively in work and in society, and iii) strengthen the governance of the skills system.
This report OECD Skills Strategy Latvia: Assessment and Recommendations identifies opportunities and makes recommendations to strengthen the skills outcomes of students, foster a culture of lifelong learning, reduce skills imbalances in the labour market, and strengthen the governance of the skills system.
Reducing skills imbalances in the labour market
Reducing skills imbalances in the labour market could lower hiring costs, increase productivity, and improve the ability of firms to innovate and adopt new technologies. This chapter assesses skills imbalances in Latvia and presents three opportunities to reduce skills imbalances: 1) strengthening the responsiveness of the tertiary education system to changing skills demand; 2) retaining talent in Latvia by stimulating sustainable wage growth and improving working conditions; and 3) facilitating internal mobility and attracting skilled workers from abroad.
- Click to access:
-
Click to download PDF - 1.31MBPDF