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Pre-university Education Financing in the Context of the EU’s Economic Crisis

Stoica (Corbu) Luminiþa-Claudia ()
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Stoica (Corbu) Luminiþa-Claudia: ªtefan cel Mare University of Suceava, Romania

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 2, 105-108

Abstract: The aim of this study is to put into evidence the fact that the global economic crisis had a strong impact not only on the economic systems of European societies, but also on their educational ones. The effect of the global crisis on the educational system was under-financing. This has lead to the increase of educational taxes, the diminution of salaries and the high education participation rate. Even if this situation was present in almost all of the European countries, there are societies where we can find a certain politic of investment in high education. Even if some states do not have substantial financing, they did not hesitate to invest in the human capital.

Keywords: Highschool education; Financing; Budget; Economic crisis (search for similar items in EconPapers)
JEL-codes: A22 E31 E43 F02 F69 (search for similar items in EconPapers)
Date: 2014
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