Benoît Millot

Building the Skills for Economic Growth and Competitiveness in Sri Lanka

Despite internal conflict and the global financial crisis, Sri Lanka has made remarkable progress in the past decade, enjoying healthy economic growth and substantially reducing poverty. Moreover, Sri Lankans are the best-educated people in South Asia: the country has a 98 percent literacy rate, widespread access, high completion rates in both primary and secondary education, and gender parity in general education. Chapter two describes the general education and training system in Sri Lanka, especially the TVET sector. Chapter three examines the main drivers of skills demand and skills mismatches and gaps in Sri Lanka. Chapter four studies the relationship between education, training, and labor market outcomes, including skills already available in the workforce. Chapters five and six analyze factors affecting the skills supply system, such as cost, financing, and governance (chapter 5) and private sector provision (chapter six). Chapter seven briefly reviews firm-based training in Sri Lanka based on evidence from the employer survey. Chapter eight assesses workforce development policies in Sri Lanka based on the World Banks Systems Approach for Better Education Results (SABER) framework. Finally, chapter nine provides the summary of main findings and outlines possibilities for the way forward in skills development in Sri Lanka.

An adult life cycle perspective on public subsidies to higher education in three countries

Abstract Empirical analyses of the incidence of public subsidies for higher education are commonly seriously misleading because of an inappropriate age composition of the adult reference groups and a disregard of changes in successive adult cohorts. Moreover, the magnitude and direction of distortions in selectivity estimates and their interpretation depend upon whether the selection criteria refer to parental income, education, or occupation, each of which is both socially and economically important. These issues are discussed here analytically and illustrated empirically with data from Chile, France and Malaysia.

Sri Lanka Education Sector Assessment

A country’s education system plays a pivotal role in promoting economic growth and shared prosperity.Sri Lanka has enjoyed high school-attainment and enrollment rates for several decades. However, it still faces major challenges in the education sector, and these challenges undermine the country’s inclusive growth goal and its ambition to become a competitive upper-middle-income country.The authors of Sri Lanka Education Sector Assessment: Achievements, Challenges, and Policy Options offer a thorough review of Sri Lanka’s education sector—from early childhood education through higher education.With this book, they attempt to answer three questions: • How is Sri Lanka’s education system performing, especially with respect to participation rates, learning outcomes, and labor market outcomes? • How can the country address the challenges at each stage of the education process, taking into account both country and international experience and also best practices? • Which policy actions should Sri Lanka make a priority for the short and medium term? The authors identify the most critical constraints on performance and present strategic priorities and policy options to address them. To attain inclusive growth and become globally competitive, Sri Lanka needs to embark on integrated reforms across all levels of education. These reforms must address both short-term skill shortages and long-term productivity. As Sri Lanka moves up the development ladder, the priorities of primary, secondary, and post secondary education must be aligned to meet the increasingly complex education and skill requirements.