importantly, performance in the marketplace is driven by the quality, skills, and flexibilityof labor and management. In addition to traditional “hard” skills and ICT competencies, theknowledge based economies require a new set of “soft” skills, such as spirit of enquiry,adaptability, problem solving, communications skills, self learning, and knowledge discovery,cultural sensitivity, social empathy, and motivation for work. Countries need to developteaching and learning environments that nurture inquiry, adaptability, problem-solving, andcommunication skills. But mastery of these skills is quite low in many countries.The talent shortage is expected to get far more severe in the coming decade. About 80 percent ofthe fastest-growing jobs of the future