Theoretical and Applied Economics
No. 12 / 2012 (577)
Controversies concerning the connection higher education – human capital – competitiveness
The Bucharest University of Economic Studies
Angela ROGOJANU
The Bucharest University of Economic Studies
Abstract. Based on human capital theory, initiated by some representatives of the new school in Chicago in the second half of the twentieth century (Th. W. Schultz, G. Becker and G. Stigler), we see that there is a theoretical vein-slogan: "Man is the most precious wealth of a country," and if we corroborate this slogan with an adaptation of what Adam Smith stated in the eighteenth century – "A country is rich if it has rich/educated individuals", we reason, based on the literature review, that between higher education, human capital and competitiveness there is an indestructible link, influencing, in its turn, the economic growth and development. This paper aims to highlight the main elements describing the link existing between higher education, human capital and competitiveness, bringing to the fore the Romanian reality.
Contents
Proposal for the implementation of a fiscal rule system for Romania. Estimate for the reaction of the fiscal rule system to the output’s shocks
Aspects of signaling hazards and of identifying opportunities in crisis situations
The lessons of the crisis on pension funds portfolio management
The effectiveness of public policies and structural funds in enhancing tourism development. The case of Romania
Some considerations regarding the use of the fix and chained basis indices
Cultural heritage evaluation: a reappraisal of some critical concepts involved
Romanian government bond market
Aspects regarding the analysis of the rationality of the buying decision of the Romanian consumer
The influence of cluster type economic agglomerations on the entrepreneurship, in Romania
Controversies concerning the connection higher education – human capital – competitiveness
Consequences and possible solutions of financial crisis