State funding of higher education as a factor of ensuring its quality: experience of the European countries
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DOIhttp://dx.doi.org/10.21511/pmf.09(1).2020.06
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Article InfoVolume 9 2020, Issue #1, pp. 60-69
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The article presents a comparative analysis of state funding of higher education as a factor of its effectiveness in European countries. The analysis is conducted on the example of countries where the share of state budget expenditures on education no less than 11%.
The assumption that education is the main factor in the formation of a responsible citizens capable to provide the job themselves, and to provide qualified professionals for the country, that means to promote economic and cultural growth, is taken as a basis of the article.
The structure of state expenditures on education in general and the amount of higher education funding in countries under consideration is analyzed.
The correlation between the amount of expenditures on higher education and the indicators of the quality index of the higher education system QS World University Rankings is analyzed. Also the correlation analysis between other indexes, that characterize the general level of human development and quality of business as a result of public investment in training of highly qualified specialists, is done.
- Keywords
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JEL Classification (Paper profile tab)H52, I22
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References29
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Tables5
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Figures3
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- Figure 1. Education index and expenditures on education in some European countries and Ukraine in 2018
- Figure 2. Analysis of the correlation between the amount of expenditure per student and the QS World University Rankings–2018
- Figure 3. Human Development Index and Doing Business in European countries in 2018
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- Table 1. The structure of public spending on education in some European countries and Ukraine in 2018
- Table 2. Gross enrolment ratio, tertiary (% of tertiary school-age population) in European countries and Ukraine in 2018
- Table 3. QS Higher Education System Strength Rankings – 2018
- Table 4. Components of QS World University Rankings–2018
- Table 5. Analysis of the correlation between expenditure per student and the components of the QS World University Rankings
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