You are here
In an economic context dominated by budgetary restraints and subdued economic growth, government commitments towards education rank high on the policy agenda. This is especially the case as available empirical evidence points to the positive impact that education and other similar ‘productive‘ public investments have on the long-run economic development.
While Member States can take different approaches to address issues related to education funding, institutional setup, curricula etc., this heterogeneity raises some technical issues in terms of cross-country comparability. Under these circumstances, a common monitoring framework could be useful for evaluating Member States commitment towards financing education.
CRELL is taking important steps in these directions by focusing its research on the interplay between public education spending and business cycle on one hand and education attainment and education outcomes on the other hand.