Change in Education. Challenges of the Education System

Daniela Nechita () and Florina Oana Virlanuta ()
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Daniela Nechita: Dunarea de Jos University of Galati, Romania
Florina Oana Virlanuta: Dunarea de Jos University of Galati, Romania

Economics and Applied Informatics, 2014, issue 1, 25-28

Abstract: The education system must constantly adapt, customize, innovate and operationalize its quality management, thus ensuring a balanced management of the relationship between vision, values and results based on real changes which are due to the dynamics of the current economic environment. From this perspective, strategy re-conceptualization is needed on the level of the entire education system, as well as practicing a management based on intangible values by creating and using tools able to attract value flows and specific mechanisms that support and reward value creation. The present paper introduces two key elements of the education system, namely the economic dimension that focuses on financing education and the strategic long-term dimension, both being highly important for increasing the quality of education nationally and internationally. Thus under the circumstances of increasing globalization, human resources must be regarded as investments on the level of competing markets and the emphasis must be laid on the added value provided by their competitiveness.

Keywords: Change; economics of education; Education system; Financing education; Expenditure on education (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2014:i:1:p:25-28

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