ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT
The paper highlights the role of education in the growth of economic competitiveness and efficiency of human capital, in accordance with the quality of education and investments in human resources, in order to enhance labour productiveness. The paper starts by a brief analysis of Romania’s educa...
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Format: | Article |
Language: | English |
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Academica Brâncuşi
2013-12-01
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Series: | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
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Online Access: | http://www.utgjiu.ro/revista/ec/pdf/2013-06/34_Tanase.pdf |
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author | TĂNASE DIANA |
author_facet | TĂNASE DIANA |
author_sort | TĂNASE DIANA |
collection | DOAJ |
description | The paper highlights the role of education in the growth of economic competitiveness and efficiency of
human capital, in accordance with the quality of education and investments in human resources, in order to
enhance labour productiveness. The paper starts by a brief analysis of Romania’s educational system, by
comparison with the EU countries, analysing the number of high school students / college students per teacher,
the percentage of education expenditure in the GDP, the correlation between the labour force’s training level
and insertion into the labour market. The paper also presents the EU countries’ ranking related to higher
education and professional training, pointing out the importance of lifelong professional training at the place of
work. The paper draws conclusions regarding the importance of the labour force training, as the operation of a
modern economy requires the existence of a well-trained labour force, education representing one of the
fundamental pillars of any society’s development. |
first_indexed | 2024-04-13T00:30:51Z |
format | Article |
id | doaj.art-2d90b51602574443b554c32dbf7f4b1c |
institution | Directory Open Access Journal |
issn | 1844-7007 1844-7007 |
language | English |
last_indexed | 2024-04-13T00:30:51Z |
publishDate | 2013-12-01 |
publisher | Academica Brâncuşi |
record_format | Article |
series | Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie |
spelling | doaj.art-2d90b51602574443b554c32dbf7f4b1c2022-12-22T03:10:29ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70071844-70072013-12-0166206212ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENTTĂNASE DIANA 0EFTIMIE MURGU” UNIVERSITY, RESITAThe paper highlights the role of education in the growth of economic competitiveness and efficiency of human capital, in accordance with the quality of education and investments in human resources, in order to enhance labour productiveness. The paper starts by a brief analysis of Romania’s educational system, by comparison with the EU countries, analysing the number of high school students / college students per teacher, the percentage of education expenditure in the GDP, the correlation between the labour force’s training level and insertion into the labour market. The paper also presents the EU countries’ ranking related to higher education and professional training, pointing out the importance of lifelong professional training at the place of work. The paper draws conclusions regarding the importance of the labour force training, as the operation of a modern economy requires the existence of a well-trained labour force, education representing one of the fundamental pillars of any society’s development.http://www.utgjiu.ro/revista/ec/pdf/2013-06/34_Tanase.pdf educationlabour forcecompetitivenesseconomic development |
spellingShingle | TĂNASE DIANA ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie education labour force competitiveness economic development |
title | ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT |
title_full | ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT |
title_fullStr | ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT |
title_full_unstemmed | ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT |
title_short | ROLE OF HUMAN CAPITAL FORMATION IN ECONOMIC DEVELOPMENT |
title_sort | role of human capital formation in economic development |
topic | education labour force competitiveness economic development |
url | http://www.utgjiu.ro/revista/ec/pdf/2013-06/34_Tanase.pdf |
work_keys_str_mv | AT tanasediana roleofhumancapitalformationineconomicdevelopment |