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Cost Effectiveness1
Elementary Secondary Education1
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Job Skills1
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Education Economics1
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Finegold, David1
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Breaking Out of the Low-Skill Equilibrium.
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Finegold, David – Education Economics, 1993
Reasons underlying a low demand for vocational skills in United Kingdom industry, relative to major competitors, are investigated. Low demand leads to a low supply of skilled labor, since the rates of return to vocational training are unattractive to potential trainees. Suggestions for reform are made. (Author)
Descriptors: Cost Effectiveness, Elementary Secondary Education, Foreign Countries, Job Skills