Decision of Investment in Education- Necessity or Constraint?

Autor: Carmen Judith Grigorescu
Rok vydání: 2012
Předmět:
Zdroj: Procedia - Social and Behavioral Sciences. 46:5520-5522
ISSN: 1877-0428
DOI: 10.1016/j.sbspro.2012.06.468
Popis: In this paper, it is my intention to highlight the role, as well as the current weight of investment in education. My analysis focuses on the European context with reference to the degree in which the necessities are covered or satisfied, or labour market requirements are complied with. At the same time, I tackle with the main difficulties in the field and I suggest new methods of reorientation and optimal administration of human, material and financial resources.The European goals covered by Lisbon Agenda are still supported by 2020 Europe Agenda and refer to setting up a knowledge society where the E.U. should become the most competitive economic entity in terms of labour force. Investment in education is essential and may be provided by both organization (company or public institution) or beneficiary, natural person, but it is still profitable only on a long-term. At the same time, the E.U. has already drawn up a map of skills necessary in 2020-2025. Most experts in education seem to ignore the fact that people are productive not only thanks to the social-economic system or the quality of technologies they make use of, but also to knowledge and training they benefit from. Consequently, it is my belief that the reform on education should be oriented to what economists call “to raise capital”.
Databáze: OpenAIRE