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- W615124037 abstract "In this paper, Alan McGregor and Andy Hirst look at some of the issues that must be addressed inmaking skills investments more tailored to the needs of a local economy. They draw on a number ofcase studies to illustrate the importance of an evidence based approach to both more effective planningof provision and to making the skills system more responsive to changing demands. The tightening fiscal climate means that it is more important than ever that we maximise the economicreturns on public investment in skills. However, the UK has a long, and relatively undistinguished trackrecord in trying to plan skills provision to meet the needs of the economy. One argument is that we needto make better use of evidence to improve performance. A counter argument is that this is a futileapproach and we should focus instead on improving the efficiency of the skills system by enabling it torespond to changing demands more flexibly. Whichever approach is taken, our authors are clear that decisions should be based on a much betterunderstanding of the current returns on skills investment. Better use of performance data could root outmuch poor quality or inappropriate provision. We hope that bringing these expert views and evidence to our audience will further inform decisionmaking in the region and its local economies." @default.
- W615124037 created "2016-06-24" @default.
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- W615124037 date "2010-07-01" @default.
- W615124037 modified "2023-09-23" @default.
- W615124037 title "Investing in skills for local economic development" @default.
- W615124037 hasPublicationYear "2010" @default.
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