Do work-force skills matter?

Investment in skills in the private-sector and government is studied in light of an analysis of the Institute of Economic Affairs' (IEA) publication 'Training Too Much? A Sceptical Look at the Economics of Skill Provision in the UK.' The degree to which present-day policies are likely to create self-sustained economic growth is considered, and the areas in which work-force skills should be improved are also suggested. The IEA publication compares training in Germany with that in the UK.