1 / 18

Tertiary education, as a tool to promote productivity and jobs in Europe

Tertiary education, as a tool to promote productivity and jobs in Europe. Fabienne Ilzkovitz DG ECFIN, European Commission. Conference on “Quality of tertiary education and the economic policy agenda” April 2 nd 2008. Overview. Why is investment in tertiary education important?

brainlevy
Download Presentation

Tertiary education, as a tool to promote productivity and jobs in Europe

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Tertiary education, as a tool to promote productivity and jobs in Europe Fabienne Ilzkovitz DG ECFIN, European Commission Conference on “Quality of tertiary education and the economic policy agenda” April 2nd 2008

  2. Overview • Why is investment in tertiary education important? • Do we invest sufficiently in tertiary education? • Efficiency and effectiveness of public spending in tertiary education

  3. Why is investment in tertiary education important? Efficiency and Equity • Driver of productivity and growth • Tool to maximise the opportunities of globalisation • Equip people to minimise adjustment costs

  4. Why is investment in tertiary education important? Efficiency and Equity • Driver of productivity and growth • Tool to maximise the opportunities of globalisation • Equip people to minimise adjustment costs

  5. Productivity growth A 1 year increase in average educational attainment of the workforce tends to increase productivity by app. 7-10% 10 years sliding average annual growth rate

  6. Why is investment in tertiary education important? Efficiency and Equity • Driver of productivity and growth • Tool to maximise the opportunities of globalisation • Equip people to minimise adjustment costs

  7. Innovation and tertiary education Source: Eurostat / Commission services. EE, LU, RO: no data on expenditure available

  8. Why is investment in tertiary education important? Efficiency and Equity • Driver of productivity and growth • Tool to maximise the opportunities of globalisation • Equip people to minimise adjustment costs

  9. Hours worked by high-skilled persons (share in total hours worked) Source: EUKLEMS EU = EU-15ex (growth accounting) AT, BE, DK, FI, FR, DE, IT, NL, ES, UK

  10. Overview • Why is investment in tertiary education important? • Do we invest sufficiently in tertiary education? • Efficiency and effectiveness of public spending in tertiary education

  11. Investment in education

  12. Overview • Why is investment in tertiary education important? • Do we invest sufficiently in tertiary education? • Efficiency and effectiveness of public spending in tertiary education

  13. Quality of public spending Efficiency and effectiveness of public spending on education: • Combine the fiscal discipline requested by the SGP with the structural reform agenda of Lisbon • Analyses show that efficiency gains are possible

  14. Spending on primary and secondary education - PISA Source: OECD

  15. Joint work byEPC WGQPF/COM Objective: • Measurement of efficiency • Better knowledge on determinants of efficiency • Policy recommendations Analysis of spending item by spending item, e.g. R&D, tertiary education Step-by-step approach

  16. Stepwise approach • Identifying appropriate indicators • Calculating efficiency scores • Country case studies • Identifying determinants of efficiency

  17. Conclusions • Tertiary education is key to improve productivity and growth and to maximise opportunities of globalisation • It is important to invest sufficient public and private spending in tertiary education • More efficiency and effectiveness of public spending is needed  Area for further work

  18. Thank you

More Related