Central Data Catalog

Citation Information

Type Journal Article - Journal of Globalization, Competitiveness, and Governability
Title The prevalence and impact of skills gaps on Latin America and the Caribbean
Author(s)
Volume 5
Issue 1
Publication (Day/Month/Year) 2011
Page numbers 16-30
URL http://ssrn.com/abstract=1803832
Abstract
In Latin America and the Caribbean anecdotal evidence from business leaders, the press, and numerous government reports suggest many firms express a serious concern that they face internal employee skills deficiencies that limit performance, a phenomenon that has been labeled as a “skills gap.” This article explores the extent of national skills gaps; the importance of skills gaps relative to other business challenges; the industries facing the most severe skills gaps; and the prevalence of skills gaps by firm size. Based on international example, the article also discusses the ramifications of skills gaps on firms and regional competitiveness.

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