Authors: Emanuela Di Gropello, Hong Tan & Prateek Tandon
The Philippine economy has experienced overall growth over the last 20 years, but the growth of the manufacturing sector has been sluggish, and the country has lost innovation capacity.
Regaining momentum will depend on many factors, but skills have a key role to play in supporting the growing service sector, improving the competitiveness of the manufacturing sector, and enhancing the long-term ability of the country to innovate and adapt and assimilate new technologies.
“Skills for the Labor Market in the Philippines” analyzes the functional skills with which workers need to be equipped to be employable and support firms’ competitiveness and productivity, and evaluates the role of the education and training system in providing these skills.
