This document contains papers from a conference on the economic impact of Vocational Education and Training (VET) in Australia and elsewhere. The following papers are included: "Introduction" (C. Selby Smith, Fran Ferrier); "Opening Address" (Peter LeP. Darvall); "Trends and Issues in Vocational Education and Training: A Perspective from Europe" (Olivier Bertrand); "Learning to Earn All over Again: Current Issues in Vocational Education and Training in the United States" (W. Norton Grubb); "Developing a National Approach for VET" (Kenneth Wiltshire); "Dimensions of VET in Australia" (Gerald Burke); "The Training Market Reforms and Their Impact on the Vocational Education and Training System" (Damon Anderson); "The Implications of VET for Earnings" (Michael Long, Phillip McKenzie); "The Globalisation Process and Changes in the Australian Workforce between 1986 and 1991: Implications for Education and Training" (Leo Maglen, Chandra Shah); "Skills for Small, High Tech Exporters: Overcoming the 'Transition' Problem" (Richard Curtain); "Firm-Based Training in the United States: Implications for the Education and Training 'System'" (W. Norton Grubb); "Education and Training at the Ford Motor Company" (Noel Miller); "Competency Based Training: Has It All Gone Wrong?" (Peter Ewer, David Ablett); "Training's Role in Implementing the Restructuring of Office Based Work in the APS (Australian Public Service)" (Chris Selby Smith, Joy Selby Smith); "Bringing Management Education to the Workforce" (John D. Vines); "Industrial Relations, and Vocational Education and Training in Australia" (Jane Carnegie); "Enterprise Bargaining, Industrial Relations and Training Reforms in Australia" (Julian Teicher, Aija Grauze); and "Developing a Future Research Program" (Barry McGaw). Many papers include substantial bibliographies. (MN)