PUBLIC EXPENDITURES FOR EDUCATION IN ROMANIA AND THE EUROPEAN UNION

Gica Gherghina Culita ()
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Gica Gherghina Culita: Constantin Brâncoveanu University of Pitesti, Romania

Contemporary Economy Journal, 2023, vol. 8, issue 1, 81-85

Abstract: The society we live in evolves and develops more and more. Along with this phenomenon, the needs of individuals diversify and grow. Some of these needs can be met at the private level, such as the need for food, clothing, but another part of these needs can be met at the public level, here we can mention: education, national defense, internal order. Public needs constitute one of the most important components of the social policy within a state, that is why the state allocates financial resources in order to satisfy these needs in order to increase the standard of living of the population. Public expenditures for education represent one of the main components of social-cultural expenditures, they occupy a leading place within the actions that the state finances. It is recognized the role that the education system has in the evolution and development of society, especially in the conditions of the scientific revolution, which leads to the need for modernization and continuous development of school institutions, as well as the granting of financial resources from the state budget for to finance education. From the desire to explore the state and necessary actions in the educational field, this paper aims to analyze the level of public expenditure for education in Romania and in the EU member countries.

Keywords: education; public expenditures; financing education (search for similar items in EconPapers)
JEL-codes: H5 H52 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:brc:brccej:v:8:y:2023:i:1:p:81-85

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