�Business World� Library

Raya Biserova Dragoeva
ECONOMIC GROWTH EFFECT OF GOVERNMENT EXPENDITURE ON EDUCATION
JEL: H41, I21

Keywords: education, GDP, expenditure on education, SRD, funding

Summary: Education is a key area of public life and its function is to provide highly qualified human capital. The development of the field of education is directly dependent on the funds allocated for training, research and innovation. The spread of the COVID-19 epidemic crated many social and economic problems that national governments are expected resolve quickly and effectively by finding rational solutions. Education is one of the areas of strategic importance for overcoming the consequences of the pandemic. It is an important part of the public sector in which education, training and acquisition of knowledge and skills take place.
Angel Angelov
Public Expenditure on Education in the EU Member States: a Cluster Analysis
JEL: H41, I22, I28

Keywords: public expenditures, education, EU, financing

Summary: The aim of this article is to present the commitment of EU Member States to their education policies. The key points in the article are the importance of investing in human capital and the effectiveness of the state as such an "investor". Through clusterization of the available data, the author has grouped the EU countries according to their governments� policy on financing education.