Regions in Industrial Transition
Policies for People and Places
This report offers guidance on how to manage industrial transition and is directed towards all policymakers seeking to improve the “what” and “how” of policies that promote industrial change. It identifies how regions in industrial transition can become more competitive and more resilient in the context of major shifts brought about by globalisation, decarbonisation and ongoing technological change. It takes stock of discussions emanating from a series of peer-learning workshops jointly organised in 2018 by the European Commission and the OECD. The report presents a number of implementation tools that policymakers have at their disposal to activate regional innovation potential to help tackle these challenges and the often accompanying ones such as an unsuitable skills base, unemployment due to deindustrialisation, and limited investment opportunities.
Bringing together economic analysis and regional and country practice from the participating regions and countries on the topics of the future of work, entrepreneurship, innovation, transitioning to a climate-neutral economy and inclusive growth, the report identifies cross-cutting lessons to help policy-makers better design the next generation of smart specialisation and regional innovation strategies.
Preparing for the jobs of the future
Increased globalisation and rapid technological change, together with demographic, migration and industry developments, are altering the structure of local labour markets and skills requirements across OECD countries – and these trends are expected to continue in the foreseeable future. This chapter explores how regions in industrial transition can seize the benefits of automation and digitalisation for industrial modernisation while also managing the costs of structural adjustment. The chapter identifies a range of specific jobs and skills barriers that regions in industrial transition face and discusses policy approaches and instruments to overcome them. It also highlights factors that can support an effective policy agenda for regions in industrial transitions to prepare for the future of work.
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