Abstract
The economies in developed countries have been undergoing rapid transformation in the last two decades. The most important characteristics of the transformation are: the tertiarization of the economy; technological innovations and modernization; intensified competition in the world market; globalization; demographic trends and privatization. These changes have been creating new demands for more adaptable, multi-skilled and creative labour. To meet the demands, it seems necessary to reduce the gap between academic education and vocational education; to raise the general education background of vocational education; to widen the route from vocational education to higher education; to deploy competence-based curriculum development mechanisms; to strengthen the co-operation between the education authorities and employment organization as well as industries; to decentralize the delivery system and to involve employers more in the process of TVET.
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