THE ROLE OF EDUCATION ON ECONOMIC GROWTH AND COMPETITIVENESS IN ROMANIA

Cristina Baldan, Alina Hagiu, Marinela Barbulescu

Abstract


The causal link that is created between the fields of science, education and economic development appears to be a seemingly straightforward subject, as the continuous accumulation of knowledge, skills and abilities is one of the fundamental pillars of a nation's long-term prosperity. In the European context, the significance of educational issues seems to take precedence over any other policy initiative dedicated to development, and in Romania the attention paid to education and research reflects this direction. This paper focuses on the idea that education contributes in subtle but essential ways to promoting competitiveness and socio-economic development. Understanding the complexity of the interdependencies that arise in the wider economic context, particularly in relation to demographics, is key to developing effective science and education policies tailored to specific development needs.

Keywords


Competitiveness; economic growth; education; human capital; controversy

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References


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Copyright (c) 2024 Bâldan Cristina, Hagiu Alina, Bărbulescu Marinela

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LUCRĂRI ȘTIINȚIFICE MANAGEMENT AGRICOL

ISSN print 1453-1410
ISSN online 2069-2307
(former ISSN 1453-1410, E-ISSN 2069-2307)

PUBLISHER: AGROPRINT Timisoara, Romania
PAPER ACCESS: Full text articles available for free
FREQUENCY: Annual
PUBLICATION LANGUAGE: English

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Banat`s University of Agricultural Sciences and Veterinary Medicine “King Michael I of Romania” from Timisoara
Faculty of Management and Rural Tourism
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