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Challenges and opportunities in skill forecasting : Vietnam and Myanmar

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Frame of Image uld play an important role in the this stage development. § In order to promote investment in these industries, abundant but semiskilled workforce is essential together with proper location. Therefore, it is important to forecast the specific demands. § This paper is to share experience of improving the methodology of the manpower forecasting, based on the industrial demand for labor, in Vietnam and Myanmar.
Evolution of Labor Intensive Industries
In Korea, heavy industries(machinery, materials) could have been developed from maintaining skills of parts of sewing machines for light industries.
From Sewing Machine to Machinery in general
II. Methodology of labor market forecasting - Experience of Korea -
□ Labor Force Projections - Labor Force Projections use the KEISIM micro-simulation model developed by KEIS ∙ KEISIM consists of a death module, birth module, marriage module, education module, employment policy module and labor market module ∙ and adopts an alignment process to guarantee consistency with the Labor Force Survey. - procedure
∙ stage 1: population simulation ∙ stage 2: working age population projections ∙ stage 3: labor force participation rate projections ∙ stage 4: labor force projections
□ Employment Projections
1) Employment by Industry ∙ economic growth and value-added projections by industry (2-digit) are conducted by KIET(Korea Institute for Industrial Economics and Trade) ∙ forecasting model(by industry) 1) manpower requirement approach(employment coeffi


Full Text
Title Challenges and opportunities in skill forecasting
Similar Titles
Sub Title

Vietnam and Myanmar

Material Type Proceedings
Author(English)

Uh, Soo-bong

Publisher

[Sejong] : KDI School of Public Policy and Management

Date 2018-12
Event [WB-KDI School International conference] The Changing Nature of Work: Are We Ready?
Pages 33
Subject Country Myanmar(Asia and Pacific)
South Korea(Asia and Pacific)
Vietnam(Asia and Pacific)
Language English
File Type Documents
Original Format pptx
Subject Economy < Economic Administration
Social Development < General
Social Development < Employment
Holding KDI School
License