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Theoretical and Applied Economics
No. 2 / 2019 (619), Summer

The education and training. Priorities of the European Union

Constantin ANGHELACHE
Bucharest University of Economic Studies, Romania
“Artifex” University of Bucharest, Romania
Gabriela Victoria ANGHELACHE
Bucharest University of Economic Studies, Romania
Mădălina Gabriela ANGHEL
“Artifex” University of Bucharest, Romania

Abstract. The education must be considered an important component of any nation. Open and innovative education and training must include the elements of the digital era. Teachers should be a strong supporter in generating training and education. The Bologna program uses transferable credits, which ensure the continuation of education, inventiveness and innovation. In appreciating the quality of primary education, we use the average level of children per teacher. On average, 14 children are recruited in a Member State of the European Union, and in Romania there are about 19 children in a primary school teacher and 17 kindergarten children. The secondary school ensures the continuing education of children, following vocational programs. Tertiary education is carried out by universities or higher education institutions. Expenditure on education must be a priority for each country. Health and education are the two elements of physical and intellectual health of a country's population. In interpreting this indicator, we take into account the value in absolute figures of GDP, and more realistic, GDP per capita.

Keywords: education, expenditures, tertiary education, vocation, indicator.

Contents

1

The education and training. Priorities of the European Union

Constantin ANGHELACHE · Gabriela Victoria ANGHELACHE · Mădălina Gabriela ANGHEL

2

Posted offers in exogenous networks: A theoretical application and experimental results

Lisa BREGER · Andrea SORENSEN

3

The role of Japan in the development of emerging markets in Asia. Key lessons learned for China

Ionela VOINEA

4

Empirical examination of the stability of expectations – Augmented Phillips Curve for developing and developed countries

Yhlas SOVBETOV · Muhittin KAPLAN

5

The causality between economic growth and stock market in developing and developed countries: Toda-Yamamoto approach

Bilgehan TEKIN · Erol YENER

6

Government failure vs. Market failure. The implications of incomplete information

Rareș Petru MIHALACHE · Dumitru Alexandru BODISLAV

7

Foreign direct investment and total factor productivity in South Asia

Zaira ADNAN · Mamta CHOWDHURY · Girijasankar MALLIK

8

The effects of political and financial risks on foreign direct investments to the MENAT countries

Feyza BALAN

9

Exploring the nexus between macroeconomic variables and stock market returns in Germany: An ARDL Co-integration approach

Riadh El ABED · Amna ZARDOUB

10

Income inequalities and economic convergence in CEE countries

Tamara NAE

11

Exchange rate regimes and its impact on growth: An empirical analysis of BRICS countries

Babu Rao G.

12

Dynamics of business cycle and long-term economic growth of Pakistan

Usama Ehsan KHAN · Syed Monis JAWED

13

Per capita gross domestic product and welfare of Gabonese households: A VAR model with exogenous hypothesis

Giscard ASSOUMOU-ELLA

14

Co-integration with regime shift between government expenditure and poverty reduction in Algeria

Hicham AYAD

15

Trade in a two sector endogenous growth model with two accumulating factors

Birgit KIRSCHBAUM-BEHL

16

What discriminates the welfare outcomes of children in India. A multiple discriminant analysis in selected states

Atul MEHTA · Joysankar BHATTACHARYA