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Governance of Labor Market and Skills Intelligence as Driver of VET Reform

Handbook of Vocational Education and Training

Abstract

Blending the worlds of education and of work via continued reform of EU vocational education and training (VET) systems has become a key priority of EU policies, especially in the aftermath of the 2008 global crisis. But the objective of strengthening feedback loops between VET and the labor market, most notably via adaptive information systems based on robust labor market skills intelligence (LMSI), is intrinsically dependent on putting in place an appropriate governance infrastructure. Effective skills governance should facilitate stakeholder interaction and promote policy implementation and system learning. This chapter discusses the root of coordination failures, including asymmetric information, externalities, and strategic complementarities in information acquisition that impedes skills governance at both agent and policy levels. It proposes a novel skills governance framework that can be used by policymakers in diverse countries to identify “foundations” of well-functioning labor market information systems. Understanding how skills governance systems in countries are structured, interactions between different parts of the system, and the underlying behavior and motives of social actors is an essential prerequisite for ensuring that well-informed, labor market-relevant, VET reforms can be implemented.

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Author information

Authors and Affiliations

  1. University of Aberdeen, Scotland, UK

    Konstantinos Pouliakas

  2. IZA, Bonn, Germany

    Konstantinos Pouliakas

  3. University of Roma Tre, Rome, Italy

    Antonio Ranieri

Authors
  1. Konstantinos Pouliakas
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  2. Antonio Ranieri
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Corresponding authors

Correspondence to Konstantinos Pouliakas or Antonio Ranieri .

Editor information

Editors and Affiliations

  1. School of Education, University of Nottingham School of Education, Nottingham, UK

    Simon McGrath

  2. Education and Competence Studies Group, Wageningen University, Wageningen, Gelderland, The Netherlands

    Martin Mulder

  3. Faculty of Education, University of the Western Cape Faculty of Education, Bellville, South Africa

    Joy Papier

  4. School of Education, University of Nottingham, Nottingham, UK

    Rebecca Suart

Section Editor information

  1. University of Nottingham, Stamford, UK

    Robert Palmer

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Pouliakas, K., Ranieri, A. (2018). Governance of Labor Market and Skills Intelligence as Driver of VET Reform. In: McGrath, S., Mulder, M., Papier, J., Suart, R. (eds) Handbook of Vocational Education and Training. Springer, Cham. https://doi.org/10.1007/978-3-319-49789-1_45-1

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  • DOI: https://doi.org/10.1007/978-3-319-49789-1_45-1

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  • Print ISBN: 978-3-319-49789-1

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  1. Latest

    Governance of Labor Market and Skills Intelligence as Driver of VET Reform
    Published:
    19 July 2018

    DOI: https://doi.org/10.1007/978-3-319-49789-1_45-2

  2. Original

    Governance of Labor Market and Skills Intelligence as Driver of VET Reform
    Published:
    11 June 2018

    DOI: https://doi.org/10.1007/978-3-319-49789-1_45-1

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