Comparing the papers on the Korean and the U.S. situations leads to interesting conclusions. Cho and Shin argue that the recent crisis did not create huge problems in the labor market because Korea was firstly in a fundamentally sound economic situation and secondly took adequate anti-crisis measures, in particular by stabilizing internal demand.…

Over the past 25 years, the total number of students in college has increased by about 50 percent. But the number of students graduating with degrees in science, technology, engineering, and mathematics (STEM) subjects has remained more or less constant. In 2009 the United States graduated 89,140 students in the visual and performing arts, more…

Since U.S. economic growth began to slow in 2006, both the Bush and Obama Administrations have enacted a number of fairly costly programs designed to stimulate the economy and employment growth. Because many of these programs are fairly new, there has been little comprehensive examination of their impacts, but initial analysis suggests that these…

In the May/June issue of "Change", US Undersecretary of Education Martha J. Kanter described President Barack Obama's plan for recapturing the position of the best-educated country in the world by 2020. She spelled out the formula for meeting the President's ambitious goal: increasing postsecondary access, improving the quality of a…

In the 21st century, the United States will need a much more highly educated population to sustain its economic and civic vitality and restore its economic standing. Globalization, demographic change, the rise of a knowledge-driven society, and the unrelenting advances in technology are among the major forces intensifying the need for a more…

With intense competition at the forefront of the global knowledge-based economy, the United States must embrace a strategy of building a skilled workforce. In the New Economy, the flow of capital coalesces around regions that have high concentrations of talent. Despite evidence that skilled workers are a vital element of regional economic…

Many arguments in favour of school voucher programs are based upon libertarian free agency principles. Viewed at the organizational level, allowing persons to exercise choice in education would seem to offer incentives for all educational organizations within that framework to improve overall product quality and thus more effectively obtain the…

Reindustrialization problems in the United States (U.S.) include unemployment, low productivity, inflation, and inadequate economic growth. To determine how to improve economic performance, a careful, rational evaluation must be made of such factors as tax policy, spirit of risk, managerial effectiveness, rates of innovation, research and…

As I look back at K-12 science education in post-World War II America, it strikes me that surprisingly little progress has been made. This disappointing outcome cannot be due to a lack of effort, for in the last half-century our investment in science education reform--human and financial--has been substantial. In this essay, I focus first on some…

The Business Roundtable prepared this paper to: (1) help policymakers and the public better understand the facts about the United States' role in the worldwide economy; (2) offer context and perspective on employment trends; and (3) recommend a package of policies that will stimulate economic growth, foster innovation, create jobs and help workers…

The relationships existing among human capital theory, Australian public policy, literacy education, and the plight of Australia's long-term unemployed were examined. The following topics were considered: human capital theory-based public policies and literacy education; social capital and learning; building and using social capital; the…

The rhetoric surrounding career education programs was examined by exploring two questions. The first question was which employment sectors anticipate significant job growth and what skill levels and academic competencies were required to work within those sectors. The second question was whether increasing the level of student knowledge and skill…

This book examines the rhetoric surrounding the notion of informal learning in order to expand debate about the uses of informal learning in workplaces and about attempts to "recognize" it through competency-based standards. The following topics are among those discussed in the book's eight chapters: (1) the nature of informal learning…