In this era of global competition, human resources will play a decisive role in the battle for efficiency and competitive advantage, where nations and organisations with superior and quality-oriented human capital will soon outperform those with inefficient and quantity-oriented labour force. Rate of human capital formation will be more important…

This paper discusses recent histories of labor shortages in Singapore, Japan, and several western European countries. Emphasis is upon the economic effects of severe shortages of labor. Fearing that these shortages would seriously handicap further economic progress, many people in these countries have advocated large-scale immigration or increased…

To identify problems regarding economic development, the Committee for Scientific and Technical Personnel conducted an educational and occupational survey of each member country of the Organisation for Economic Cooperation and Development (OECD). The specific purpose of the surveys was to gather comparative data on the training and utilization of…

Concentrating on the trend toward early retirement in the United States and the factors responsible for it, this study draws comparisons between the work and leisure pattern in the United States, with its growing tendency toward retirement below age 65, and the patterns of certain western European nations (principally the United Kingdom, West…

U.S. business, labor, and public policy representatives visited Denmark, Sweden, and Switzerland to study the roles of their counterparts in school-to-work systems. They identified these common strengths: education viewed as an economic investment tool by all partners; strong partnerships of business, labor, and government; voluntary national,…