Training finance

A. Ziderman

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review


Following a schematic account of training-finance flows in conventional training markets, an account of innovative financing mechanisms is provided, which have been adopted in many national training systems. These mechanisms aim both at correcting shortcomings of conventional training finance systems in terms of meeting labor-market needs and containing training costs and also to better meet the challenges of competition, technological change, and globalization. Directions of change include a greater diversification of funding sources for skills development (including cost sharing and training taxes), encouragement of more and higher-quality enterprise training, the development of private training markets, and increased competition between public and private training providers.

Original languageEnglish
Title of host publicationInternational Encyclopedia of Education
PublisherElsevier Ltd.
Number of pages7
ISBN (Print)9780080448947
StatePublished - 2010

Bibliographical note

Publisher Copyright:
© 2010 Elsevier Ltd. All rights reserved.


  • Company tax exemption
  • Cost sharing
  • Demand-driven training
  • Funding diversification
  • Income generation
  • Levy-grant schemes
  • National training authorities
  • Payroll levies
  • Private training provision
  • Training finance
  • Training funds
  • Training subsidies
  • Training taxes


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