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THE INFLUENCE OF STATE REGULATION OF EDUCATION FOR ACHIEVING THE SUSTAINABLE DEVELOPMENT GOALS: CASE STUDY OF CENTRAL AND EASTERN EUROPEAN COUNTRIES

Anna Vorontsova (), Tetiana Vasylieva. (), Yuriy Bilan (), Grzegorz Ostasz () and Tetyana Mayboroda ()
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Anna Vorontsova: Academic and Research Institute of Business Technologies UAB, Sumy State University, Sumy, Ukraine
Tetiana Vasylieva.: Oleg Balatskyi Academic and Research Institute of Finance, Economics and Management, Sumy State University, Sumy, Ukraine
Yuriy Bilan: University of Social Sciences, Lodz, Poland
Grzegorz Ostasz: Faculty of Management, Rzeszów University of Technology, Rzeszów, Poland
Tetyana Mayboroda: Sumy State University, Sumy, Ukraine

REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, 2020, vol. 2020, issue 34, 6-26

Abstract: Nowadays, we are becoming more and more convinced that the educational sphere cannot be underestimated and we do not pay enough attention to its development. After all, it is responsible for the formation of a well-developed and indifferent personality both in social and environmental problems, as well as qualified workers in accordance with the modern requirements of the world. In this context, optimal government regulation of education will contribute not only to economic growth and the acquisition of intellectual capital of the country, which will ensure its competitiveness and innovations, but also to balanced sustainable development, which is important on a planetary scale. This article is devoted to the analysis of the interrelation between indicators of state regulation of the education sector and the achievement of sustainable development goals. For this purpose, the method of integral indicators with elements of the method of principal components (for each sustainable development goal) was used, as well as regression models with fixed effects (to determine the presence and nature of the link between state regulation of the education and the goals of sustainable development). The basis for the study was the official data of 14 countries of Central and Eastern Europe for 2006-2016 years, which is presented as panel data. The obtained results made it possible to confirm the existence of such interrelation, where the most effective state instrument proved to be the state financing of the education sector.

Keywords: state regulation of education; sustainable development goals; state financing of education; Central and Eastern Europe countries. (search for similar items in EconPapers)
JEL-codes: I20 I28 Q01 (search for similar items in EconPapers)
Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

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