Transition Economies

Skill Mismatches in Transition Economies – Quantitative indicators should be treated with caution

In transition economies, the proportion of the adult population educated to the secondary level or higher (the stock of human capital) is on par with that in mature market economies. Policymakers often use educational attainment data as one of their country’s key competitive advantages for attracting foreign investment and innovation. However, these quantitative indicators should … Continue reading →