Developed countries boast of a higher level of education and advanced skill sets. Skills and knowledge go hand in hand. A particular level of education implies a specific level of skills. Learning is a process of gaining knowledge or understanding new things while skills mean expertise in what is learned.
Having a sustainable economy depends on type skills and level of education. Most countries invest in population by teaching and training. Imparting knowledge and training ensure economic growth. Human capital (skills and knowledge) is a critical factor for economic growth. Developing skills by training and teaching makes individuals fit for the job market.
That is why many countries are investing in training and educating its citizens. European countries heavily invest in training and education. The education system features digital literacy, the ability to think creatively and critically and excellent interpersonal skills among other skills. Such skills lead to innovations.
The world economic forum competitiveness 2018 report indicates that a country needs to produce and maintains a skilled workforce via a stable education system, to experience economic growth. The diversity and level of skills determine the level of human capital. Finland tops the list; because it has an education system that is tailored to the job market.
Below are the top ten list of the best countries with top-notch skills and education compiled by the professional writers from Pro-Papers writing service.
Finland is a benchmark for education and skills. Finnish individuals rank high in terms of knowledge and practical skills. Tertiary education is all-inclusive to ensure that individuals of ages between 20 and 29 years participate in learning more than any other OECD country.
Almost half of the Finnish job market needs high levels of skills. Therefore, every Finnish employee must be well-trained to match the job market, i.e., must attain tertiary education to be employable. Throughout its generations, training has never dwindled, thus an ever-expanding level of skills. The students’ papers are considered to be one of the best in the world.
Switzerland ranks second. Its economy is stable, hence a low unemployment rate (2.4%). The country boasts of an excellent education system. There is continuous training of the staff members to be in tandem, with the current job market. Besides, the vocational training system is well-equipped technologically to impart the necessary knowledge to the learners. Note that the competition for jobs is fierce because the majority of the population is highly skilled.
3. United States of America
The US ranks high in Northern America. It has the highest number of students enrolling in tertiary institutions. Besides, the number of skills is diverse. Thus it stands out strongly as an economic giant. The US boasts of low unemployment rates and the most competitive economy worldwide.
Germany takes fourth place. It is the most innovative country in the world: innovators are under constant pressure to innovate new items due to challenges they receive from consumers. It ranks high when it comes to research and publications, thanks to its world-renowned research institutions. The population is highly educated and skilled.
One thing that makes Denmark standout is its well-functioning labor market, thus having the highest social capitals worldwide. The macroeconomic environment is also stable. When it comes to education, vocational and graduate education, Denmark scores high, thanks to the exemplary training system. In addition, the labor force is highly educated, thus a competitive job market.
The Netherlands has high education levels. Being a nation geared to openness, the students have an open approach. This feature makes students highly innovative. It is evident that critical and creative thinking is one of the primary agenda, and has seen the country rank position seven worldwide.
Advancing technology is a factor that defines Sweden. The country has high levels of ICT while the education and skill levels are equally high. The combination of ICT adoption and a high level of knowledge and training has seen the country rank high worldwide when it comes to digital readiness.
Norway boasts of the best European system in the European region. The system enables students to get recognition for the unique skills they acquire while studying. Most of the institutions are accredited, and the state owns the majority of the tertiary institutions.
The Education system, right from primary school to tertiary institution is excellent. Trainers deliver high-quality education; thus rated as world-class. The country boasts of the skilled labor force, as well as the active participation of the citizens in the workforce of the country.
Education is a primary agenda for the Iceland government. The system is similar to those of other Scandinavian countries. The education levels rank high worldwide but slightly lower than that of Norway. Perfect country for education.
The system has four stages: preschool, compulsory, upper secondary, and higher education. Most institutions of higher learning invest in research and modern technology to ensure that students get the necessary skills for the job market.
10. New Zealand
One feature that makes New Zealand an education giant is, a top-notch education system. What learners receive is a world-class education, and is, therefore, trainees get top-notch skills to match the demands of the job market. New Zealand performs reasonably well in the capacity pillars too. The unemployment rate continues to drop, and now it stands at 4.2%, thanks to the vibrant economic system.
Necessary skills are required to get quality jobs. The global economy is dynamic and therefore requires workers to develop technical skills, leadership and problem-solving. A worker with such skills performs better in workplaces thus making economic sense. Unskilled employees may be faced out or have low wages, a factor that leads to weak economic growth.
Getting the right sets of skills depends on access to high-quality education. Education is a continuous process. This means that even the skilled can advance skills through constant training to match in the job market. Quality education is, however, influenced by cost, and the relevancy of the curriculum.