Correlation Between the Structure of Education and the Development Level - A Short Review

5 Pages Posted: 15 Jan 2009

See all articles by Cristian Popescu

Cristian Popescu

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration

Laura Diaconu

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration

Date Written: January 15, 2009

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.

Suggested Citation

Popescu, Cristian C. and Diaconu, Laura C., Correlation Between the Structure of Education and the Development Level - A Short Review (January 15, 2009). Available at SSRN: https://ssrn.com/abstract=1328218 or http://dx.doi.org/10.2139/ssrn.1328218

Cristian C. Popescu (Contact Author)

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration ( email )

Bd. Carol I no.22
Iasi, RO-700505
Romania

HOME PAGE: http://www.feaa.uaic.ro/catedre/in3.asp?codcat=EC

Laura C. Diaconu

Alexandru Ioan Cuza University - Faculty of Economics and Business Administration ( email )

Bd. Carol I no.22
Iasi, RO-700505
Romania

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