IDEAS home Printed from https://ideas.repec.org/a/but/manage/v29y2019i1p67-82.html
   My bibliography  Save this article

Current issues and future challenges in Education based on the analysis of Human Capital indicators between 2007-2017

Author

Listed:
  • Ioana Julieta Josan

    (Faculty of Business and Administration, University of Bucharest, Romania)

Abstract

The investments in educational capital are a medium and long-term weapon that nations can use to combat poverty and ensure sustainable development. Considering that the future belongs to those states that are aware of its huge potential, an analysis on the Romanian stock of educational capital is a necessity. Thus, the research findings will further facilitate the knowledge that decision makers could use to improve the policies and strategies in order to develop a competitive education in a digitized economy. The analysis will focus on the quantitative and qualitative dimension of human capital. The evolution of enrollment rates by education levels, school dropout rates and the results of international tests will be the pillars of the educational capital analysis between 2007-2017. The study will be based on data from the Eurostat database, Statistical Yearbooks and official data provided by public institutions and international organizations. In fact, the period under evaluation was chosen for reasons that are linked to the economic and political context. The first was to carry out an analysis of the impact on education of the first 10 years after Romania’s accession to the European Union. The second reason was the identification of the existing or non-existing effects on the education system of two different periods of the economy evolution (the crisis and the post - economic crisis). The third reason was to highlight the educational system direction in a decade characterized by major changes in business and labor market along with the evolution of the digitized economy.

Suggested Citation

  • Ioana Julieta Josan, 2019. "Current issues and future challenges in Education based on the analysis of Human Capital indicators between 2007-2017," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 29(1), pages 67-82, December.
    • Handle: RePEc:but:manage:v:29:y:2019:i:1:p:67-82
    as

    Download full text from publisher

    File URL: http://manager.faa.ro/download/998_29_m_67_82.pdf
    Download Restriction: no
    File URL: http://manager.faa.ro/en/article/Current-issues-and-future-challenges-in-Education-based-on-the-analysis-of-Human-Capital-indicators-between-2007-2017~998.html
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Eric Hanushek & Ludger Woessmann, 2012. "Do better schools lead to more growth? Cognitive skills, economic outcomes, and causation," Journal of Economic Growth, Springer, vol. 17(4), pages 267-321, December.
    2. Zhang, Jie & Zhang, Junsen & Lee, Ronald, 2003. "Rising longevity, education, savings, and growth," Journal of Development Economics, Elsevier, vol. 70(1), pages 83-101, February.
    3. Indunil De Silva & Sudarno Sumarto, 2015. "Dynamics Of Growth, Poverty And Human Capital: Evidence From Indonesian Sub-National Data," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 40(2), pages 1-33, June.
    4. Benhabib, Jess & Spiegel, Mark M., 1994. "The role of human capital in economic development evidence from aggregate cross-country data," Journal of Monetary Economics, Elsevier, vol. 34(2), pages 143-173, October.
    5. Haitham Issa, 2005. "Human Capital Demographic Transition And Economic Growth," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 30(2), pages 49-65, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Marconi, G. & de Grip, A., 2014. "Education and growth with learning by doing," ROA Research Memorandum 010, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    2. Oasis Kodila-Tedika & Simplice A. Asongu, 2015. "The Effect of Intelligence on Financial Development: A Cross-Country Comparison," Research Africa Network Working Papers 15/002, Research Africa Network (RAN).
    3. Guangyou Zhou & Sumei Luo, 2018. "Higher Education Input, Technological Innovation, and Economic Growth in China," Sustainability, MDPI, vol. 10(8), pages 1-15, July.
    4. Cantoni, Davide & Yuchtman, Noam, 2013. "The political economy of educational content and development: Lessons from history," Journal of Development Economics, Elsevier, vol. 104(C), pages 233-244.
    5. Altinok, Nadir & Aydemir, Abdurrahman, 2017. "Does one size fit all? The impact of cognitive skills on economic growth," Journal of Macroeconomics, Elsevier, vol. 53(C), pages 176-190.
    6. Zainab Asif & Radhika Lahiri, 2021. "Dimensions of human capital and technological diffusion," Empirical Economics, Springer, vol. 60(2), pages 941-967, February.
    7. David K. Evans & Anna Popova, 2016. "What Really Works to Improve Learning in Developing Countries? An Analysis of Divergent Findings in Systematic Reviews," The World Bank Research Observer, World Bank, vol. 31(2), pages 242-270.
    8. Indunil De Silva & Sudarno Sumarto, 2015. "Dynamics Of Growth, Poverty And Human Capital: Evidence From Indonesian Sub-National Data," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 40(2), pages 1-33, June.
    9. Kodila-Tedika, Oasis & Asongu, Simplice, 2015. "Intelligence, Human Capital and HIV/AIDS: Fresh Exploration," MPRA Paper 68320, University Library of Munich, Germany.
    10. Matteo Cervellati & Uwe Sunde & Klaus F. Zimmermann, 2017. "Demographic dynamics and long-run development: insights for the secular stagnation debate," Journal of Population Economics, Springer;European Society for Population Economics, vol. 30(2), pages 401-432, April.
    11. Gilles Le Garrec, 2012. "Social security and growth in an aging economy : the case of acturial fairness," Sciences Po publications 2012-18, Sciences Po.
    12. Markus Brueckner & Mark Gradstein, 2016. "Income and Schooling: Evidence from International Oil Price Shocks," Journal of Human Capital, University of Chicago Press, vol. 10(2), pages 212-234.
    13. Jellal, Mohamed & Bouzahzah, Mohamed, 2012. "Gouvernance éducation et croissance économique [Governance education and economic growth]," MPRA Paper 38687, University Library of Munich, Germany.
    14. Eyal Argov, 2018. "The Development Of Education In Israel And Its Contribution To Long-Term Growth," Israel Economic Review, Bank of Israel, vol. 16(1), pages 1-40.
    15. Sasso, Simone & Ritzen, Jo, 2016. "Sectoral Cognitive Skills, R&D, and Productivity: A Cross-Country Cross-Sector Analysis," IZA Discussion Papers 10457, Institute of Labor Economics (IZA).
    16. Hüseyin ŞEN & Ayşe KAYA & Barış ALPASLAN, 2018. "Education, Health, and Economic Growth Nexus: A Bootstrap Panel Granger Causality Analysis for Developing Countries," Sosyoekonomi Journal, Sosyoekonomi Society.
    17. Gradstein, Mark & Brückner, Markus, 2013. "Income and schooling," CEPR Discussion Papers 9365, C.E.P.R. Discussion Papers.
    18. Eftimoski, Dimitar, 2022. "On the inconclusive effect of human capital on growth: A new look at extended specifications," Economic Analysis and Policy, Elsevier, vol. 76(C), pages 708-727.
    19. Adrien Montalbo, 2019. "Education and economic development. The influence of primary schooling on municipalities in nineteenth-century France," Working Papers halshs-02286126, HAL.
    20. Stimpfle, Alexander & Stadelmann, David, 2015. "The Impact of Fundamental Development Factors on Different Income Groups: International Evidence," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 113128, Verein für Socialpolitik / German Economic Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:but:manage:v:29:y:2019:i:1:p:67-82. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cosmin Catalin Olteanu (email available below). General contact details of provider: https://edirc.repec.org/data/faaubro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.