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Cătălina Radu and Emilia Gogu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 446-456

Abstract: Education is one of the main pillars of wealth, prosperity and competitiveness worldwide and thus it deserves special attention when creating macro strategies and policies, as education leads to increased added value in the future (growth potential). This paper aims to address a series of major issues in tertiary education by looking especially at the distribution by field (specializations) in the Romanian education system. Our paper is built on a brief literature review and on an analysis of the Romanian higher education, by taking into account official statistical data in this field. We observed there is an imbalance between supply and demand in education, if we consider the number of graduates and the needs of our economy. We believe our results are useful for decisions-makers at both macro-level (state) and micro-level (universities) in formulating their strategies, in order to offer specializations in correlation with the labor market demand.

Keywords: education; students; education system; tertiary education; labor market (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:rom:mancon:v:11:y:2017:i:1:p:446-456