The Budget Funding of the Public Higher Education in Some European Countries

Dorin Cosma and Suzana Schneider
Additional contact information
Dorin Cosma: West University of Timisoara, Faculty of Economics and Business Administration, Romania
Suzana Schneider: West University of Timisoara, Faculty of Economics and Business Administration, Romania

Timisoara Journal of Economics, 2011, vol. 4, issue 1(13), 27-34

Abstract: This comparative study concerning public superior education system finance has been accomplished in order to highlight the main public superior education system financing mechanisms used in a few European countries considering a financing future model projection, able to make the public financing allocation for superior educational system more and more efficient. In the past, in Europe, the financing mechanisms had been involving negotiations between the public or private superior education institutions on the allocated funds, their calculation on the real costs supported by institutions and grants awarded, divided on budgetary categories. Nowadays, the public superior educational system financing mechanisms had suffered important kind of changes, if we consider the granted sums calculation formulas, as well as the measures for correlation of public financing quantum with the financed university performance. Each financing model presents strong points as well as weak ones, as there isn’t any perfect financing model which can be adapted to any country, because the choosing of the model usually implies a compromise between the different objectives that have to be reached by the higher education. Owed to public superior educational system financing system analysis from a few European countries (Romania, Great Britain, France, Denmark,), we may conclude that a perfect adaptable financing system for each European country doesn’t exist; the adaptability degree of these mechanisms depends on a different factors number, of a historic, social, legal, political and economical nature.

Keywords: Superior Education System financing; financing mechanisms; financing on formulas; performance criteria; input criteria; performance contract (search for similar items in EconPapers)
JEL-codes: I22 (search for similar items in EconPapers)
Date: 2011
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://tje.uvt.ro/index.php/tje/article/download/100/pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wun:journl:tje:v04:y2011:i1(13):a04

Ordering information: This journal article can be ordered from
16 J. H. Pestalozzi Street, 300115, Timisoara, Romania
https://tje.uvt.ro

Access Statistics for this article

Timisoara Journal of Economics is currently edited by Camelia Margea

More articles in Timisoara Journal of Economics from West University of Timisoara, Romania, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Romeo Margea ().