TY - JOUR AB - Gives some definitions of training and training policy, before discussing how policy is made and its relationship to context, including stakeholders and the range of policy instruments. Suggests that the role of theory is to structure policy makers′ views of context and options; it pervades the rhetoric which they use in negotiating their policies. Presents two case studies: TECs, where major policy decisions have little to do with conventional economic analysis; and public expenditure decisions about training. VL - 14 IS - 2 SN - 0143-7720 DO - 10.1108/01437729310024278 UR - https://doi.org/10.1108/01437729310024278 AU - Marquand Judith PY - 1993 Y1 - 1993/01/01 TI - Training Policy and Economic Theory: A Policy Maker′s Perspective T2 - International Journal of Manpower PB - MCB UP Ltd SP - 59 EP - 71 Y2 - 2024/03/29 ER -