In 2007, five donors (European Commission, Belgium, Denmark, France and Luxembourg) decided to work together to …, culture, craft industry, health, education and training, macroeconomic support), taking into account cross-cutting issues …

Describes the unique institutional mechanism in France whereby firms are required by law to devote a fraction of their … wage bills to continuous training. Indicates that since the Act of 16 July 1971 was passed there has been a marked increase … in expenditure on training and that the greatest benefits have gone to the most highly skilled employees. Concludes that …

yields a Pareto improvement and reduces job rotation. Government job training schemes may push rotation levels even higher …

Examines the link between the institutional structure of the market for training and economic performance. Suggests … that the market for training has a major potential for failure and that institutional structures are eeded to mitigate this …