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THE ROLE OF EDUCATION IN THE ECONOMIC DEVELOPMENT

Mihaela Tudose () and Cadiş Mihaela Narciza
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Cadiş Mihaela Narciza: GH. ZANE UNIVERSITY OF IASI

Annals - Economy Series, 2013, vol. 4, 85-92

Abstract: The purpose of this paper is to examine the role of education within economic development in order to highlight the stage of knowledge (theoretically and practically) and to assess the advances in terms of scientific research. Examining the dynamics of scientific studies, one observes that specialized literature has been enriched with extensive theoretical and empirical debates; most of research has evolved reference analytical schemes essential for identifying and quantifying the impact of education on development; nevertheless, the analysis reveals that prior research presented certain limitations that have become challenges for further debates. Based on a synthesis (descriptive and critical) of the principles, stages and phases, methods, techniques and tools of investigation and knowledge, the study suggests that we are witnessing a progress at the level of scientific research and implicitly, an enactment of more and more complex methodologies.

Keywords: education; economic development; economic growth; developed countries; developing countries. (search for similar items in EconPapers)
Date: 2013
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