Financing TVET in the East Asia and Pacific Region : Current Status, Challenges and Opportunities
The East Asia and Pacific (EAP) region is very diverse and there is a wide range in the extent to which firms across these countries identify the education level of their work force as being a major constraint. However, developing skills, including...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/494921508752195355/Financing-TVET-in-the-East-Asia-and-Pacific-Region-current-status-challenges-and-opportunities http://hdl.handle.net/10986/28597 |
| Summary: | The East Asia and Pacific (EAP) region
is very diverse and there is a wide range in the extent to
which firms across these countries identify the education
level of their work force as being a major constraint.
However, developing skills, including vocational and
technical skills, and enhancing employability are clear
strategic objectives in the EAP region.Countries in the
region face strong pressures to expand their technical and
vocational education and training (TVET) systems and enhance
their quality, while also facing spending pressures on basic
and higher education. As this demand increases, the need for
sustainable financing for TVET becomes more urgent; this is
not only about ensuring that sufficient and predictable
revenue streams exist to fund training programs, but perhaps
just as importantly about how financing mechanisms
themselves can be strongly linked to achieving
policyobjectives of making TVET systems more accessible,
equitable, efficient, demand-driven,responsive and relevant. |
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