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EUROPEAN BUSINESS SUMMIT 2009

Report calls for EU skills pact to prepare for post-crisis era

By Simon Taylor  -  26.03.2009 / 15:51 CET
FEB/Insead report wants public-private partnership to re-skill the EU's labour force

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Fact file

Skills pact

The five points of the pact are:

– Launch a Europe-wide private-public alliance to ensure the re-skilling of excess labour in times of crisis  
– Re-focus structural funds earmarked for training and re-training in 2007-13 towards the sectors most likely to contribute to Europe's competitiveness in post-crisis times
– Identify and expand successful public-private initiatives and partnerships aiming at stimulating young people's interest for mathematics, science and careers in engineering, information and communications technologies and protection of the environment
– Enhance and develop high-level business-university partnerships to generate skills for the ‘global knowledge economy'
– Encourage skills mobility within Europe, as well as between Europe and other parts of the world;
– Foster innovative approaches to education, including through e-learning and distance learning, competition and innovation.

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