Education, Mandatory Condition in the Regional Economic Development of Romania

Abstract

The education system has undergone many changes over the past decade leading to dropout and low educational attainment of the population that continue their studies. Characterized by various system problems such as inefficiency, irrelevance of studied subjects and the inability to create opportunities for young people to enter the labor market later, the Romanian educational system needs a reboot in order to reduce regional disparities identified at the country level and in comparison with the members of the European Union. The main objective of this paper is to demonstrate the low rate of young people that finish mandatory school and to make contributions in order to meet the Europe 2020 Strategy for a future, more competitive workforce.