This Comment questions the reasons why Marsden and Ryan (1990) have come to favour prescribing apprenticeship and occupational markets for reviving training in Britain. Their assessment failed to take account of (a) other advantages of internal labour markets over occupational markets, (b) institutions other than those in labour markets, and (c) training features common in well functioning occupational and internal markets as revealed by a comparison of Germany and Japan. The examination of these factors casts a doubt on the feasibility and desirability of Marsden and Ryan's policy recommendation. © 1991 Blackwell Publishing Ltd / London School of Economics
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