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Sustainable and Solidary Education

Reflections and Practices

Edited By Monica Tilea, Oana-Adriana Duţă and Alina Stela Reşceanu

This volume of thematic studies offers multifaceted interpretations of education for sustainable and solidary development (ESSD). It is a joint work of academics, teachers and researchers covering the domain of education from the perspective of economy, social sciences, language studies, communication and pedagogy. The authors propose a range of reflections and empirical studies which refer to: various means and methods for an effective teaching/learning process; transversal skills related to ESSD; and the importance of financial resources and quality assurance in education. The unitary and original endeavour of this volume establishes a common meeting point for devising up-to-date methods and practices across disciplines, with a view to supporting sustainable and solidary education.

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Higher Education Funding in Romania. An Applied Analysis (Raluca Drăcea)


Raluca Drăcea

Higher Education Funding in Romania. An Applied Analysis

Abstract: Education plays a major part in the sustainable creation of human capital, contributing to economic growth and production enhancement in a similar manner to tangible capital. Economists have investigated the role of education in economic growth both at a micro and macroeconomic level, and the results are seldom combined. Labour productivity (and sustainable economic growth implicitly) may be positively influenced through allocations for education, as better educated employees are more productive and capable to occupy specific positions, quickly adapting to technological changes. Thus, in the current social and economic context, universities have a key role in meeting the requirements of both direct beneficiaries (students) and the labour market. In this context, this paper aims at investigating the impact of the funding of higher education in Romania upon economic growth. The paper will answer the question: can investments in higher education help economic growth in Romania? If yes, how important are these investment allocations? Data provided by the National Institute of Statistics, UNESCO and Eurostat have been used for the analysis.

Keywords: expenditure for education, higher education funding, economic growth, statistical analysis.

1. Introduction

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