Comments: Sun shines on UK prospects

"too many low-skilled people"

“Skill” is normally measure by educational attainment, on which measure Britain compares poorly with Europe. However many of the skills required for “so- called knowledge-intensive sectors” are best learnt on the job as opposed to in education – in particular cutting edge computing skills. Thus a degree of the success of the British economy can be attributed to the fact that bright kids were working as opposed to taking 7 year undergraduate degrees learning redundant concepts like their peers in Germany.

Again the question then needs to be asked about whether the expansion in higher education is therefore going to hinder this competitive advantage.

Posted by Giles at January 23, 2005 07:26 PM