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Pre-university Education Financing in the Context of the EU’s Economic Crisis

Author

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  • Stoica (Corbu) Luminiþa-Claudia

    (ªtefan cel Mare University of Suceava, Romania)

Abstract

The aim of this study is to put into evidence the fact that the global economic crisis had a strong impact not only on the economic systems of European societies, but also on their educational ones. The effect of the global crisis on the educational system was under-financing. This has lead to the increase of educational taxes, the diminution of salaries and the high education participation rate. Even if this situation was present in almost all of the European countries, there are societies where we can find a certain politic of investment in high education. Even if some states do not have substantial financing, they did not hesitate to invest in the human capital.

Suggested Citation

  • Stoica (Corbu) Luminiþa-Claudia, 2014. "Pre-university Education Financing in the Context of the EU’s Economic Crisis," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 105-108, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:2:p:105-108
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    More about this item

    Keywords

    Highschool education; Financing; Budget; Economic crisis;
    All these keywords.

    JEL classification:

    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E43 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Interest Rates: Determination, Term Structure, and Effects
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F69 - International Economics - - Economic Impacts of Globalization - - - Other

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