The Greek economy will increase its export activity if it can improve the specialization of its human capital in technologically advanced sectors through the cultivation of skills in the workforce and the population in general, the weekly economic bulletin of the Hellenic Federation of Enterprises (SEV) argues.
It adds that calling for national growth through productivity, innovation and so on is nothing but empty talk if the country lacks the necessary skills. According to the Organization for Economic Cooperation and Development (OECD), Greece trails its counterparts in terms of global value chains (GVC) and Greeks do not have the skills required for the economy to become more export-oriented.
Developing skills through education and training is not just a matter of state resources: SEV stresses it is mainly to do with economic strength, requiring a rapidly growing economy free from obstacles to economic and investment activity.
Only in an economy where enterprises invest, pay attractive salaries and seek workers with skills can there be the appropriate workforce education and training structures, SEV argues. To this end, the state, employers, unions and education and training entities need to cooperate to supply training opportunities, it adds.