F. Green et al., The role of the state in skill formation: Evidence from the Republic of Korea, Singapore, and Taiwan, OX REV ECON, 15(1), 1999, pp. 82-96
We propose a new interpretation of the role of the state in skill formation
, with reference to three East Asian newly industrialized economies. Rather
than see the state as simply redressing externalities, we interpret the st
ate as matching the supply and demand for skills in a rapidly growing econo
my. this role can be superior to a strategy of allowing education and train
ing institutions to be driven by autonomous processes. The role is most lik
ely to be observed in developmental states. We examine the political mechan
isms that have helped to ensure that educational and training policy format
ion are subordinated to the imperatives of economic growth. While the East
Asian model cannot be imported wholesale to western countries such as Brita
in in different historical circumstances, the example lends credence to the
value of the state taking a strategic approach to education and training p
olicy.