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The Education And Research System In Romania: A Comparative Analysis With The Eu Member States

Author

Listed:
  • DORINA CLICHICI

    (Institute for World Economy, Romanian Academy)

  • ANGELA TIMUȘ

    (National Institute for Economic Research, Academy of Economic Studies of Moldova)

  • CORINA CHIRONACHI

    (Academy of Economic Studies of Moldova Doctoral School)

Abstract

The education and research system is one of the most powerful tools of a state through which long term economic growth can be ensured, employment and income growth can be achieved, innovation stimulated, and institutions strengthened. Romania lags severely behind other European Member States regarding economic development, while the quality of education and research remains quite scarce, undermining the economic convergence process of the country. Against this background, the objective of the paper is to investigate the degree of Romanian education and research convergence with the European Union (EU). Moreover, it uncovers how the education and research system in Romania is financed and assesses its performance compared to other EU Member States.

Suggested Citation

  • Dorina Clichici & Angela Timuș & Corina Chironachi, 2024. "The Education And Research System In Romania: A Comparative Analysis With The Eu Member States," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 12(2), pages 52-59, December.
    • Handle: RePEc:ntu:ntugeo:vol12-iss2-52-59
    as

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    References listed on IDEAS

    as
    1. Valero, Anna & Van Reenen, John, 2019. "The economic impact of universities: Evidence from across the globe," Economics of Education Review, Elsevier, vol. 68(C), pages 53-67.
    2. Robert J. Barro, 2013. "Education and Economic Growth," Annals of Economics and Finance, Society for AEF, vol. 14(2), pages 301-328, November.
    3. John Inekwe, 2015. "The Contribution of R&D Expenditure to Economic Growth in Developing Economies," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 124(3), pages 727-745, December.
    4. Harry Anthony Patrinos, 2016. "Estimating the return to schooling using the Mincer equation," IZA World of Labor, Institute of Labor Economics (IZA), pages 278-278, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    education and research system; Romania; EU Member States; expenditure on education; R&D expenditure; innovation index;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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