Role of Training in Developing Economy: A Review of Ghana and South Africa

Abstract

Training is a critical aspect of development of a knowledge-workforce in an economy. This paper accentuates the role of training in developing economy which involves an analysis of the economy as a whole, the employers and workers. In other to achieve this, South African and Ghanaian training programmes were reviewed. In the South Africa and Ghana context, training has only recently received attention as a means of addressing critical personnel development initiatives. Therefore, the focus is now shifting towards fast tracking skills development, which is being integrated into the overall business plan of organizations strategies. Thus, the need to be initiated to harness trained workers as competitive resources for the new global economy and for world-class competitiveness, this paper concludes that training roles are very fundamental in developing economy in both South Africa and Ghana respectively.

Keywords: Development, Economy, Training