Building the Skills for Economic Growth and Competitiveness in Sri Lanka
Despite internal conflict and the global financial crisis, Sri Lanka has made remarkable progress in the past decade, enjoying healthy economic growth and substantially reducing poverty. Moreover, Sri Lankans are the best-educated people in South A...
Main Authors: | , , , , |
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Format: | Publication |
Language: | English en_US |
Published: |
Washington, DC: World Bank
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2014/01/19556815/building-skills-economic-growth-competitiveness-sri-lanka http://hdl.handle.net/10986/18409 |
Summary: | Despite internal conflict and the global
financial crisis, Sri Lanka has made remarkable progress in
the past decade, enjoying healthy economic growth and
substantially reducing poverty. Moreover, Sri Lankans are
the best-educated people in South Asia: the country has a 98
percent literacy rate, widespread access, high completion
rates in both primary and secondary education, and gender
parity in general education. Chapter two describes the
general education and training system in Sri Lanka,
especially the TVET sector. Chapter three examines the main
drivers of skills demand and skills mismatches and gaps in
Sri Lanka. Chapter four studies the relationship between
education, training, and labor market outcomes, including
skills already available in the workforce. Chapters five and
six analyze factors affecting the skills supply system, such
as cost, financing, and governance (chapter 5) and private
sector provision (chapter six). Chapter seven briefly
reviews firm-based training in Sri Lanka based on evidence
from the employer survey. Chapter eight assesses workforce
development policies in Sri Lanka based on the World
Bank's Systems Approach for Better Education Results
(SABER) framework. Finally, chapter nine provides the
summary of main findings and outlines possibilities for the
way forward in skills development in Sri Lanka. |
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