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Financing and Decentralization – Major Coordinates in Education Reform in Romania

Author

Listed:
  • Dan-Marin Boaja
  • Florin Cristian Ciurlau
  • Ionut Alin Ciurlau

Abstract

This study is designed and developed based on the assumption that education reform (Education) is part of the reform leading Romanian society in its evolution towards modernization and performance. The economy of the future, prefigured even now, is an economy of knowledge (information), involving full participation of the human factor, especially in the size of its human capital, intellectual properly prepared. Education, in all its forms of organizing and developing represent provider (manufacturer) of the main capital. The role of education and training in the construction of the future outlined itself in the programming of the European Union, according to the European economy which should have become far more efficient and competitive economy of the world. To fulfill its historic mission school at all levels should be organized and financed appropriately. In this context, the authors intend to highlight a number of issues important in their opinion on financing and decentralization of educational activity from the perspective of Education Law no. 1/2011 (updated and republished in 2013), preceded by the Education Law no. 84/1995 (republished).

Suggested Citation

  • Dan-Marin Boaja & Florin Cristian Ciurlau & Ionut Alin Ciurlau, 2015. "Financing and Decentralization – Major Coordinates in Education Reform in Romania," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(1), pages 137-143, March.
    • Handle: RePEc:khe:journl:v:7:y:2015:i:1:p:137-143
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    Citations

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    Cited by:

    1. Gabriela Vica Olariu & Stelian Brad, 2022. "Preventive Risk Management of Resource Allocation in Romanian Higher Education by Assessing Relative Performance of Study Programs with DEA Method," Sustainability, MDPI, vol. 14(19), pages 1-17, October.

    More about this item

    Keywords

    Institutional autonomy; budgetary financing; extra-budgetary funding; private funding; core funding; complementary financing; additional funding;
    All these keywords.

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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