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Sharing the costs of training in the newer EU Member States Print E-mail

Importance of investment in vocational education and training

Vocational education and training (VET) is one of the key instruments in Europe’s strategy to strengthen its position in the global economy and respond to the challenge of ageing societies. It is also one of Europe’s principal tools for managing the present economic crisis. Considerable investment in training is necessary to equip people with the skills needed to tackle the current economic downturn and accelerate European recovery. Everyone has to make a contribution: public authorities, employers and individuals. 

Cedefop’s work on financing vocational education and training

For the last three years, Cedefop has been investigating the strategies and mechanisms used by European countries to finance VET, focusing mainly on cost-sharing approaches. Various Cedefop studies, seminars and conferences have examined tax incentives, sectoral training funds, vouchers, loans, training funds and saving schemes and explored the role of the different actors in sharing the cost of VET. To reinforce mutual learning and contribute to evidence-based policy-making, Cedefop has also looked at VET financing models in some non-European countries. However, the experience of the 12 newest EU Member States in implementing cost-sharing instruments has remained largely unknown. Research was launched last year to fill in this information gap.

Cedefop’s conference "Sharing the costs of training in the newer EU Member States"

The conference will announce the results of Cedefop’s study "Sharing the costs of vocational education and training. An analysis of schemes in the newer EU Members States". The research findings will form the basis of discussions among policy-makers, social partners, researchers and practitioners on current patterns and trends in the financing of training in the countries concerned and on challenges and possible solutions.  The conference participants will:

-    identify cost-sharing approaches in the newer EU Member States and examine how effective, efficient and equitable they are;
-    ascertain whether the current crisis has had an impact on the effectiveness or the operation of cost-sharing approaches;
-    consider possible ways of improving existing cost-sharing arrangements and remedying any negative trends arising from the crisis;
-    set priorities for policy and research.

The event follows up the conference ‘Investing in people: Strategies for financing VET’ held in Thessaloniki in May 2008.