Complex sentence: Many countries within the developed world are suffering from declining birth rates, ageing workforces and skill shortages, to address these issues within their labour market both the OCED and EU have been acknowledging and focusing on the processes of formal recognition for both non-formal and informal learning.
Split into simpler sentences: Many countries within the developed world are suffering from declining birth rates, ageing workforces and skill shortages. To address these issues within their labour markets, both the OCED and EU have been acknowledging and focusing on the processes of formal recognition for both non-formal and informal learning.