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Comparison of national policies in South Korea, Singapore, and Britain to respond to low-skills equilibria (self-reinforcing institutions that stifle demand for skill improvements) shows that different responses stem from national differences in supply/demand and the differential impact of globalization due to the individual economic and social histories of nations. (SK)

Analyzes the factors generating low skill equilibria in South Korea, Singapore and Great Britain. Importance of the nature of competitiveness in understanding issues related to economic survival and welfare; Inclusion of education on the platforms of politicians; Political consensus on the social capacity for productivity and skill formation.