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6. For-profit and NGO training activities
There are two basic types of private sector training institutions (PSTI) - for-profit and not-for- profit. For-profit PSTIs usually focus on the sale of training services. With economic liberalisation, most governments have adopted a more positive attitude towards PSTIs and have, therefore, taken steps to create a more enabling environment. Many NGOs are only involved in income generation and other activities (advocacy, life skills) where skills development is mainly on a learning-by-doing/learning-by-earning basis.

4.3 The impact of economic liberalisation
The potential impacts of economic liberalisation on VET are twofold: change in incentives to invest in training and the availability of public funding for VET.

Other economic liberalisation Related Articles

5.1 Determinants of diversification in Africa: Economic Report on Africa 2007
Diversification and policy variables constitute a two-way process in that diversification not only influences policy outcomes, but is itself influenced by policy variables. This proposition naturally leads to the search for those economic and non-economic policy actions that are likely to affect the level and rate of diversification in a country. What evidence is there that links economic and non-economic variables with national capacity to diversify?
Sectoral Trends of FDI in Developing Countries: Background
The recent waves of globalisation have substantially transformed the modes of production and trade in both developed and developing countries. This is reflected in the changes in the extent of information and technology in the workplace, firm’s production and organisational strategies, trade and FDI liberalisation policies, and new rules of international trade and investment. Given these developments, the sectoral trends (primary, manufacturing and services) in FDI have changed rapidly over the past two decades.
HUMAN RESOURCE DEVELOPMENT AND ATTRACTING INWARD FDI
One of the characteristics of rich industrial economies is the availability of a workforce with a high level of human capital. Whether human capital has been the key driver of economic prosperity or vice-versa is still a matter of debate. Nevertheless, long time series trends in educational attainment and economic growth during the last century indicate that HRD and economic prosperity went hand in hand10. Some developing countries followed similar trends in human capital and economic growth. What was distinctive about these developing countries is that they appeared to have realised large economic benefits in attracting MNEs into host economies, and have thus mobilised inward FDI to attain rapid economic growth.
4.3 The impact of economic liberalisation
The potential impacts of economic liberalisation on VET are twofold: change in incentives to invest in training and the availability of public funding for VET.
6. For-profit and NGO training activities
There are two basic types of private sector training institutions (PSTI) - for-profit and not-for- profit. For-profit PSTIs usually focus on the sale of training services. With economic liberalisation, most governments have adopted a more positive attitude towards PSTIs and have, therefore, taken steps to create a more enabling environment. Many NGOs are only involved in income generation and other activities (advocacy, life skills) where skills development is mainly on a learning-by-doing/learning-by-earning basis.

SURVIVING THE ECONOMIC DEPRESSION BY CREATING A STRATEGY FOR YOUR BUSINESS DEVELOPMENT
This economic recession times calls for measures not just to make our business survive but make us come out stronger. Sound strategies are what will separate men from boys. Business leaders creating and harmonizing their strategies to fit the economic future will leap more once this economic recession is over. A strategy will help your business fit in the global economy once this economic depression is over. But how do you create a strategy?

Change Nothing...Expect the Same or Less
Can you change nothing given the present economic climate, and still expect revenue gains? Tough economic times have always opened new doors for the open minded and enabled business owners/leaders to not only survive, but also end up thriving as a result of new economic forces. Read about a new and innovative approach to remaining successful inside this new world economy.
Hidden Opportunities in Economic Downturns
Despite the economic conditions, or more appropriately because of the economic downturn, now is the time to seize the advantage. It may sound counter-intuitive, but a downturn opens up rare opportunities to outmaneuver rivals. Many companies simply fail to see the opportunities hidden in economic downturns.
The Power of Advertising Proven During the Great Depression
There is an adage, that says out of every tragedy comes an enterprise. This was very convincingly demonstrated in the years of the Great Depression. As the nation was in a very bleak economic situation. Some of the titans of business sought to take a very simple approach to the severe economic and social conditions. That was to act as thought nothing was wrong at all. To continue to advertise to their customers who were in the worst economic situation to date. This or course mirrors the current economic crisis the world is going through. It was W.K. Kellogg who took he risk to increase his advertising to his customers. While his rival C.W. Post took the conservative road and scaled back on advertising.
Some Things Are Easier For Your Business in a Recession
If your business is feeling the impact of the economic downturn, think differently about how you could take advantage of the current economic circumstances. Some things are definitely more challenging, but others might actually be easier in these tough economic times.
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