The role of the state in skill formation: Evidence from the Republic of Korea, Singapore, and Taiwan

Citation
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
Citations number
35
Categorie Soggetti
Economics
Journal title
OXFORD REVIEW OF ECONOMIC POLICY
ISSN journal
0266903X → ACNP
Volume
15
Issue
1
Year of publication
1999
Pages
82 - 96
Database
ISI
SICI code
0266-903X(199921)15:1<82:TROTSI>2.0.ZU;2-4
Abstract
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.