Education Funding Methods in European States
At European level, the allocation of a small amount of financial resources to education as a percentage of GDP associated with major economic difficulties affected the whole structure of the education expenditure: by type of expenditure, level of education and residence type.State intervention in educational activity requires to be aware of the amount of public expenditure conducted by public bodies, both central and local authorities, to finance this activity. Funding education must provide incentives to ensure efficiency as it is important not only for being the base of a proper organization of the educational activity, but also because it can improve its content.
Volume (Year): 2 (2012)
Issue (Month): 5 (October)
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