Executive Summary
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Context
The objectives of this study are to:
- Identify the skills required for Ireland to make the transition to a competitive, innovation-driven, knowledge-based, participative and inclusive economy by 2020;
- Provide projections of the labour force’s skills profile required to make the transition to such an economy and compare that profile to that which current projected output will yield; and
- Provide training and education objectives where gaps and deficiencies are evident between the desirable situation and the likely supply.
Skills and human capital development have played a very significant role in productivity increases, economic growth and improvements in living standards in Ireland. Human capital development will continue to play a key role in economic growth into the future, therefore sustained and enhanced investment in the educational and training infrastructure is essential to our economic and social development over the medium term.
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