SINGAPORE (July 1): Growth is decelerating in Europe, the US, China, Japan and other leading economies, as the International Monetary Fund and World Bank recently highlighted by revising their global forecasts for this year substantially downward. At the same time, political and business leaders know they need to do more to prepare workforces for the labour market in an age of rising automation, stagnant wages and greater part-time, temporary and contingent employment.

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