The relationship between the level of education and the development state of a country
The relationship between the level of education and the development state of a country
Author(s): Cristian Popescu, Laura DiaconuSubject(s): Education, Economic development, Human Resources in Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: education; growth rate; level of development;
Summary/Abstract: The present paper underlines the fact that the resources allocated to education and the structure of the educational act must be correlated to the level of development of a country, at a certain moment. For Romania, the conclusions impose a reallocation of resources towards the secondary education and a reorganization of the tertiary education. The developing countries need medium skilled labor force because the emerging markets do not have the financial and technological capacity to sustain innovative fields with highly skilled workers. Romania is in this last situation. Yet, the educational system has continued producing university graduates that the economy could not absorb. Consequently, a large part of them have emigrated, looking for a proper compensation of their contribution to the production system. So, the main challenges for Romania would be to match the specializations to the market demand and to substantially reduce the public spending for the tertiary education.
Journal: Analele Ştiinţifice ale Universităţii »Alexandru Ioan Cuza« din Iaşi. Ştiinţe economice
- Issue Year: 56/2009
- Issue No: 1
- Page Range: 475-480
- Page Count: 6
- Language: English