A Review of National Training Funds

This review presents pre-employment and enterprise training funds from over sixty countries. The characteristics, advantages, and limitations of each are presented. Key design questions are discussed and examples of good practice illustrated. National training funds are increasingly used to finance training. This paper presents a typology of three main types of training funds by purpose:

  1. Pre-employment training funds
  2. Enterprise training funds
  3. Equity training funds

It highlights a lack of rigorous evaluation of the impact of training funds on the skills and employability of the workforce in developing countries.

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