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Investment in education and the importance to invest in training in maritime sector Cover

Investment in education and the importance to invest in training in maritime sector

Open Access
|Jun 2019

Abstract

Empirical studies have shown that changes in levels of education explain a significant part of changes in income between countries. Many causes and phenomena can affect income. In this there is a “reverse causal link” that exists between the two sizes (countries with a higher GDP offer better educational services). Cuts to education certainly contribute to reducing the numerator of the two “cursed relations” - between deficit and GDP and between debt and GDP. Too often we forget that improving the educational and university system is an investment that in the long term can contribute to the increase of the denominator of these relationships, the GDP, making public finance more sustainable. Investing in the education system and in University is good for the economy, even for the transport sector, of course.

DOI: https://doi.org/10.2478/gssfj-2018-0019 | Journal eISSN: 2587-3326 | Journal ISSN: 2587-3318
Language: English
Page range: 119 - 134
Published on: Jun 3, 2019
Published by: DISFOR University of Genova, International Institute of Management IMI-Nova and Fondazione Sicurezza e libertà
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2019 Alessandro Figus, published by DISFOR University of Genova, International Institute of Management IMI-Nova and Fondazione Sicurezza e libertà
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.