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For developing countries, vocational training is a vital component of the drive to enhance productivity, stimulate economic competitiveness, and lift people out of poverty. However, training provision in many countries is underfinanced and fragmented, and traditional state-funded training programs are providing inadequate to the task. This work emphasizes the central role that financing strategies should play in enhancing the effectiveness and efficiency of training systems as a whole, through incentives, greater competition, and the integration of private and public provision. This book describes the emerging consensus about best practice in the financing of training, drawing on experience in Latin America and Asia, and testing this consensus against findings from Sub-Saharan Africa. It sets out the case for financing interventions by governments and scrutinizes the role, and effectiveness, of national training agencies, payroll levies, and alternatives transfer mechanisms for institutional funding.

Publisher: World Bank

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