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Education Policy and Regional Convergence in the European Union

Aikaterini Kokkinou (), George M. Korres (), Efstratios Papanis () and Panagiotis Giavrimis ()
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George M. Korres: University of Newcastle
Efstratios Papanis: University of the Aegean
Panagiotis Giavrimis: University of the Aegean

Chapter Chapter 8 in European Socio-Economic Integration, 2013, pp 113-128 from Springer

Abstract: Abstract In the past three decades, important changes in the pattern of economic growth and productivity have been interpreted as a movement towards knowledge-based economy. Currently, output and employment are expanding fast in high-technology industries, as well as in knowledge-based services. More resources are spent on the production and development of new technologies, in particular on information and communication technology. At the same time, major shifts are taking place in the labour market, in particular, the increased demand for skilled labour. Globalisation and worldwide competition has shifted the comparative advantage of economies towards the factor of knowledge and innovation, where productivity based on the endogenous development capabilities plays a rather important role, as far as growth and competitiveness enhancement are concerned.

Keywords: Cohesion Policy; Endogenous Growth Theory; Regional Competitiveness; Lisbon Agenda; Economic Dynamism (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:innchp:978-1-4614-5254-6_8

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DOI: 10.1007/978-1-4614-5254-6_8

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