The impact of education on improving labour market outcomes in developing countries – evidence from Kosovo

Ukaj, Mic; Hoti, Avdullah; Mustafa-Topxhiu, Rahmije

doi:10.1080/14683857.2023.2231680

Cited by 2 publications

(2 citation statements)

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“…Дослідження науковців з різних країн підтверджують, що державні інвестиції в освіту та навчання мають багато переваг і позитивних впливів на економіку та суспільство через підвищення кваліфікації та інтелектуального рівня працівників, тим самим зменшуючи безробіття та бідність у країні (Tudor et al, 2023;Ukaj et al, 2023). Освіта підвищує продуктивність і креативність людей, а також сприяє розвитку підприємництва та передових технологій, розвиваючи капітал, заснований на знаннях (Dia Kamgnia and Bergaly, 2022;Seidl, 2022).…”

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Investments in Education and the Question of Guaranteeing Its Quality: The Educological Aspects

Melnychenko

2023

Osvitolohiya

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The article is devoted to one of the important components of educology – the economics of education, which studies the demand for education, its financing and provision; as well as the problem of the economic efficiency of investments in people and in the development of human capital. The author investigates budget expenditures in the countries of the world on education, finds out how much of the country’s total budget is spent on education as a whole, including in Ukraine, and also tries to find out whether there is a regularity or relationship between the amount of investment in education and its quality. The article emphasizes that financing education is a priority area in the context of the development strategy of the European Union, because investments in education, vocational training, lifelong learning ensure the development of human capital to increase employment opportunities, active citizenship and social cohesion, in particular, contribute to the fight with marginalization and youth unemployment. The author analyzed a large volume of statistical data on education financing in Europe and Ukraine, revealed general trends of this process and differences. Analysis of statistical European reports by Eurostat and Eurydice in recent years shows that the level of public spending on education in EU member states has hardly changed. However, there are still significant differences between countries in the financing of education. In addition, the author identifies certain disproportions in the financing of education in Ukraine, which affect the final result and the quality of education. The need to optimize the network of higher education institutions in Ukraine and the distribution of state budget expenditures among them, taking into account the results of educational activities, is emphasized.

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“…URL: https://osvita.ua/news/86354/ (дата звернення: 10.10.2023). © Мельниченко Ольга, 2023Ukaj, M., Hoti, A. & Mustafa-Topxhiu, R. (2023).…”

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Investments in Education and the Question of Guaranteeing Its Quality: The Educological Aspects

Melnychenko

2023

Osvitolohiya

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Global financial turmoil: Examining its risks and ripple effect on financial systems

Haliti Baruti,

Nallbani Berisha,

Gashi

2024

RGC

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Over the past two decades, the global economic landscape has faced substantial turmoil, marked by major events such as the 2007 financial crisis and the ongoing challenges posed by the COVID-19 pandemic. This paper aims to theoretically clarify the consequences of the global financial crisis on the developing economy of Kosovo, with a particular focus on its financial system, and to propose potential future reforms in this sector. Using a comparative analysis of different time periods, specifically examining the financial crisis from 2008 to 2023 in Kosovo, the study reveals that the global economic crisis has significantly impacted Kosovo’s economy. This is evident in the pronounced fluctuations in key macroeconomic indicators, including gross domestic product (GDP), trade balance, consumer price index (CPI), unemployment rates, remittances, and foreign direct investment (FDI) during this period. The findings suggest that two fundamental factors — the low level of economic integration and the government’s shift in priorities towards capital investments — have mitigated the crisis’s impact on Kosovo. The paper also highlights the ongoing challenges of inflation and emphasizes the need for strategies to ensure resilience and sustainable economic prosperity in the future.

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The impact of education on improving labour market outcomes in developing countries – evidence from Kosovo

Cited by 2 publications

References 23 publications

Investments in Education and the Question of Guaranteeing Its Quality: The Educological Aspects

Investments in Education and the Question of Guaranteeing Its Quality: The Educological Aspects

Global financial turmoil: Examining its risks and ripple effect on financial systems

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