A COMPARATIVE PERSPECTIVE ON THE LABOUR VALUING IN EDUCATION AND RESEARCH ACTIVITIES IN EU COUNTRIES

Raluca Mazilescu

Annals - Economy Series, 2011, vol. 4, 121-128

Abstract: The evolution of the world economy over the last decades has demonstrated that knowledge is the major source of wealth and can also play an important role in fighting poverty. In a knowledge economy, education, research and development represent the “new currency” by which nations achieve and maintain economic competitiveness. These sectors offer important enabling effects that can contribute to sustainable development of the respective economies. Nevertheless, reaching these broader objectives requires first of all certain corresponding measures such as ensuring optimum labour conditions and stimulating levels of wage earnings, both contributing to the increase of the motivation degree for education, research and development staff and to the attractiveness degree of the respective professions. The purpose of this study is to assess the place of education and research in the wage hierarchy in EU Member States and their relationship with the wages achieved in other fields. The results of our analysis indicate the existence of significant gaps between wages in European countries.

Keywords: labour valuing; wage earnings in education and research (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:4:p:121-128

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