Ümit Efendioğlu - Closing The Skills Gap (3/7)
Channel: World Bank Group Jobs
Date: 14/11/2012

Ümit Efendioğlu, director of the International Labor Organization's Turkey office, says the main question in closing the skills gap between skilled workers and their labor market's needs, is who will pay the price for change.

The speed of change in labor market skill needs, she says, creates a technological and cost challenge in updating training programs and educational systems. In emerging economies, a dual informal-formal economy is often created, which makes it difficult to create policy devices to measure program impacts.