How to surf the new wave of globalisation

by Andreas Schleicher Director, OECD Directorate for Education and Skills Globalisation is connecting people, cities, countries and continents, bringing together a majority of the world’s population in ways that vastly increase our individual and collective potential, and creating an integrated market in products and services. One in three jobs in the business sector now depends on demand in other countries. In fact, a single product is often produced by workers in different parts of the world along the so-called Global Value Chain. Global value chains give small companies and countries unprecedented opportunities to reach global markets and create new jobs. But the same forces have made the world more volatile, more complex and more uncertain. The rolling processes of outsourcing and the hollowing out of jobs, particularly for routine tasks, have radically altered the nature of work. For those with the advantage of the right knowledge and skills, this is liberating and exciting. In In...