public education and economic competitiveness

public education and economic competitiveness

;Gabriel-Andrei Donici
new physics: sae mulli 2011 Vol. 3 pp. 398-403
143
donici2011cespublic

Abstract

There is a certain connection between education and economic competitiveness. The relation between these two concepts is easy to intuit. On the medium and long term investments in education generate astrong increase in a country’s level of economic competitiveness. Through education the human capital is formed, and it affects all economic fields. Therefore we can observe that human capital has a decisive influence on the economic competitiveness of a country.

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