A review of national training funds

This review identifies over sixty countries that have or had pre-employment and enterprise training funds. The characteristics, advantages, and limitations of each are presented as well as key design questions and examples of good practice. National training funds are an increasingly common vehicle for financing training. The review presents a typology of three main types of training funds by purpose: pre-employment training funds, enterprise training funds, and equity training funds. The review points to a lack of rigorous evaluation of the impact of training funds on the skills and employability of the workforce in developing countries.