Technical Education and Private Vocational Training Policy in Tripoli, and Western Regions of Libya

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Mufida Ali Masoud Abdalla, Jacquline Tham, Albattat Ahmad

Abstract

The educational policy plays an important role in shaping the overall policies of the educational system. The rates of success and development and even economic advancement are measured by indicators of human development, and even local. The aim of this study presented that in developing the research instrument for evaluating the structure decisions, the item constitution might differ
subject to the education context, instead of stipulating a unanimous instrument to all sectors among TVET in Libya. Hence, the adoption of using contingent instrument in different sectors will produce better and more relevant results in TVET context and likewise require necessary restructuring. Using quantitative research methodology this study identifies several managerial implications of making regulatory decision in the structure to accelerate the TVET performance of TVET in Libya. TVET private
vocational training, top management, shareholders, and policy managers should be conscious of the consequences that may impact their decision in regulatory. They should also safeguard their policies with policy at the lowest cost of capital to conceive market value and TVET health of the policy. TVET private vocational training should concede the existence of asymmetric information would limit the policy in accessing debt policy and other alternative of the external regulatory options. One of the important responsibilities of policy manager is to actively refine the policy TVET system with a good track record for better creditworthiness to access wider sources of external policy.

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