Transfer investment on education on a free cost basis: some evidence from Portugal, Spain, Greece and Italy

Autor: Luisa Cerdeira, Belmiro Cabrito, Maria Lourdes Machado-Taylor, Tomás Patrocínio
Jazyk: English<br />Spanish; Castilian<br />Portuguese
Rok vydání: 2016
Předmět:
Zdroj: Ensaio, Vol 24, Iss 93, Pp 777-803 (2016)
Druh dokumentu: article
ISSN: 0104-4036
1809-4465
DOI: 10.1590/S0104-40362016000400001
Popis: For decades, education has been viewed as an instrument for social mobility and also as a tool for economic growth and social development. Over the recent years, we have witnessed an output movement of highly qualified graduates, from peripheral southern Europe to the more developed countries of the EU and OECD. In this article, we analyse the reality of four countries: Portugal, Spain, Greece and Italy. In order to examine the socio-economic impact of this brain drain, it will be introduced an estimation using OECD statistics (2014) of the public and private costs to educate a student from primary schooling through a higher education degree. In spite of the differences among these countries’ experiences, there is no doubt that these countries “offered” high qualified workers for free or at a zero cost basis to the “importing” countries.
Databáze: Directory of Open Access Journals