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The policy implications of market failure for the land-based jobs market for British seafarers
Authors:BM Gardner  PB MarlowMM Naim  R NairSJ Pettit
Institution:Cardiff Business School, Cardiff University, Aberconway Building, Colum Drive, Cardiff CF10 3EU, UK
Abstract:People with seafaring experience and skills are employed in the maritime sector of the UK economy in land-based jobs as well as in seagoing ones. This paper examines the balance of supply and demand in the land-based jobs market. It then considers the likely effects of a shortfall in the supply of British ships’ officers to fill net vacancies in jobs ashore, including the policy implications of this and the consequences for the economy's maritime skills base if the Government fails to act decisively now to correct market failure.
Keywords:UK seafarers  Supply  Land-based jobs  Maritime skills base
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