The paper advances the idea that although at a regional and global level education is considered to be a promoter of progress and development the investments in this field differ very much. A comparative analysis of education expenses of different countries form all over the world is done in terms of the objectives and indicators measuring the financing initiatives. The results are used as an argument showing that the educational systems need global, public and private support. At the same time, they reinforce the idea that sustainable highly competitive human resources can not be generated unless there are sufficient financial resources.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
8311.
Find related papers by JEL classification: H0 - Public Economics - - General H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
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