Education and training – key variables of knowledge-based society and policies aimed to ensure economic growth within the framework of the Europe 2020 strategy

This paper is a scientific approach on how education and training, two instrumental components of the knowledge-based society, contribute to economic growth and sustainable development. The article undertakes a research on the two main objectives of the Europe 2020 Strategy for education and training, which aims to reach the target related to reducing early school drop-out rate and increasing the share of employed graduates aged between 30-34 years old having successfully completed tertiary education. It also contains the results of the new econometric modeling applied by JRC-EUCAR-'s Center for Research on Lifelong Learning(CRELL).