Dynamics Of The Share Of Education Expenditures Within Romania’s Gross Domestic Product - Economic And Social Effects

Adrian Măcriş () and Maria Măcriş ()
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Adrian Măcriş: University of Petrosani, Romania
Maria Măcriş: University of Petrosani, Romania

Annals of the University of Petrosani, Economics, 2010, vol. 10, issue 4, 181-192

Abstract: The paper fundamentally starts from a generally accepted truth, namely the one stating that education is the basic foundation of social, cultural, and economic development, the guarantee of building a future when young generations are going to benefit from new abilities, knowledge, and ideals; its financing represents a key issue in accomplishing its long term mission in society. The hereby approach deals with an analysis of the evolution of education expenditures within Romania’s gross domestic product which mainly determine the basic economic and social effects.

Keywords: public education; private education; public expenditures; financing; State budget; subsidies; population; companies; evolution (search for similar items in EconPapers)
JEL-codes: B21 B22 B41 I21 I22 I23 O11 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:10:y:2010:i:4:p:181-192

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