The Coordination of Skill Supply and Demand in the Market Model of Skill Formation: Testing the Assumptions for the Case of Chile

Autor/inn/en	Valiente, Oscar; Zancajo, Adrián; Jacovkis, Judith
Titel	The Coordination of Skill Supply and Demand in the Market Model of Skill Formation: Testing the Assumptions for the Case of Chile
Quelle	In: International Journal of Lifelong Education, 39 (2020) 1, S.90-103 (14 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Zusatzinformation	ORCID (Valiente, Oscar) ORCID (Zancajo, Adrián) ORCID (Jacovkis, Judith)
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0260-1370
DOI	10.1080/02601370.2019.1678692
Schlagwörter	Foreign Countries; Supply and Demand; Skill Development; Job Skills; Vocational Education; Labor Market; Skilled Workers; Human Capital; Chile + Suchen Sie Ihr Suchwort? Ausland; Bedarfsplanung; Kompetenzentwicklung; Qualifikationsentwicklung; Produktive Fertigkeit; Ausbildung; Berufsbildung; Labour market; Arbeitsmarkt; Facharbeiter; Humankapital
Abstract	The importance of skill formation for young people and the challenges of youth unemployment and underemployment are at the forefront of global development agendas. However, there is still an open debate about the most adequate policy frameworks to tackle these societal challenges and, particularly, about the role that the state and the market should play in the coordination of skills supply and demand. Taking Chile as a case study, the paper analyses how the market model of skill formation is re-contextualised by practitioners and other stakeholders at the local level. Through a realist evaluation approach, the paper tests to what extent the underlying theoretical assumptions of the market model hold up when confronted with the reality of the contexts in which young people, education providers and employers make decisions. The case of Chile is particularly interesting for the comparative literature because of its extreme neoliberal orientation and the centrality of the market in the allocation of resources and opportunities among different social groups. The findings show the limitations of the market for coordinating the supply and demand of skills and its negative consequences on the educational and work prospects of young people, especially the most disadvantaged.. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01