FINANCING TRAINING - ISSUES AND OPTIONS

Appraises the scope for cost effective government intervention into th e mobilization of resources for training, esamining measures catalytic in nature as well as direct interventions. Asserts that economic rece ssion and shrinking government revenues have led to a reconsideration of the role played by die state in training provision and to a sowing acknowledgement and appreciation of the role of the private sector. Su ggests that although the documentation is incomplete, the government i s, and has always been, the junior partner. Discusses how training is financed by the private sector. Analyses situations where privately fi nanced training provision may be sub-optimal in scale and where there are sounds for government intervention. Addresses the issues of how be st to provide financial incentives and mobilize the resources required for financial intervention.