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...

Research highlights the problem regarding education externalities in the context of quantifying the effects which it produces on an individual level and at the society level. At the same time, the research highlights the importance of externalities in terms of evaluation of investment policies...

Education as an essential activity in the development of society has seenmajor transformations, from which the new methods and models of the moderneducational system have resulted. The relationship between the individual and societybecomes more complex via education, as the individual gains the...

The need to reduce public spending in the developing process and fundingof public services has led to the introduction of performance indicators in the publicinstitutions. Moreover, the need to optimize the educational activity, the implementationof an efficient management, insuring the quality...

In our opinion, the quantification of human capital is a complex process faced with difficulties. The research starts with the standard measure of human capital – the number of years of schooling – and elaborates a brief analysis of the shortcomings of its quantification. Among these, there...