Education and human capital : economic growth and social cohesion in Macedonia Cover Image

Education and human capital : economic growth and social cohesion in Macedonia
Education and human capital : economic growth and social cohesion in Macedonia

Author(s): Fatmir Besimi, Azis Pollozhani
Subject(s): Economy
Published by: Економски институт - Скопје
Keywords: education; social cohesion; human capital; innovations; economic growth

Summary/Abstract: Economic growth and social cohesion for the Republic of Macedonia as a small economy and young democracy with multiethnic society on its path towards European integration represent very important aspect of successful integration of Macedonia into the European Union. In this context, education plays an important role in society with regards to social cohesion and in terms of economic growth and prosperity. As it seems for the economic growth and the compliance with the criteria for joining the EU, Macedonia should increase the competitiveness of its economy, which primarily implies larger investments in education, research and science, which is expected to enhance innovations, technological development and increase the human capital as important factor of growth taking into account the challenges demographic trends both in terms of migration, and in terms of the age structure of the population.

  • Issue Year: 18/2016
  • Issue No: 3
  • Page Range: 220-235
  • Page Count: 16
  • Language: English