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Best practice in sustaining the financing through continuous improvement of the levy-grant system

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Document
Content Type:
Best practice in sustaining the financing through continuous improvement of the levy-grant system
Language:

English

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english
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skpEng
Sources:

Information is gathered from other international organizations that promote skills development and the transition from education and training to work. The Interagency Group on Technical and Vocational Education and Training (IAG-TVET) was established in 2009 to share research findings, coordinate joint research endeavours, and improve collaboration among organizations working at the international and national levels.

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skpIntOrg
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international-organizations
Topics:

Financing of training

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Initial education and training and lifelong learning benefit individuals, employers and society as a whole. Economic principles dictate that the costs for services with public and private benefits should be shared between public and private funding, or else too little training will be provided or taken up. Effective mechanisms for financing skills development vary according to countries’ economic and political circumstances and the degree and level of social dialogue established.

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skpFinanT
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financing-training

Participation of employers' and workers' organizations

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The world of learning and the world of work are separate but linked. While one involves learning, the other produces goods and services. Neither can thrive without the other. Strong partnerships between government, employers and workers help ensure the relevance of training to the changing needs of enterprises and labour markets. 

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skpPSP
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participation-of-employers-and-workers-organizations

Training quality and relevance

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Identifier
skpTrainQR
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training-quality-and-relevance
Knowledge Products:

Case studies and good practices

Case studies that document good practices and illustrate the benefits and lessons learnt of particular approaches or methods in real practice. 

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skpCaseStdy
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case-studies-and-good-practices
Publication Date:
14 Dec 2012
Technical and vocational education and training (TVET) is very expensive and governments have to explore different sources of funding. Quality TVET is particularly expensive as it needs a relatively low trainee/trainer ratio, workshops of reputable standards, regular investment in new equipment, and the maintenance and repair of existing equipment. The publication explores the case of the training levy-grant system introduced in Mauritius as an alternative source for providing financing for quality TVET.
Subject Tags:

Financing training

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financing-training
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673

Public private partnerships

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public-private-partnerships
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138

Skills mismatch

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skills-mismatch
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654

Skills upgrading

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skills-upgrading
Identifier
657

Vocational training

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vocational-training
Identifier
124
Regions:

Africa

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Countries and territories: