This report explores the fiscal aspects of vocational education reform in the context of secondary education as a whole and considers the implications of any changes in the vocational education (VE) system for post-secondary and other modes of skill development. The report begins by describing...

Since the Lisbon agenda in 2000, Europe stated the goal to become the most advanced knowledge economy in the world relying specifically on the increase and strengthen of its human capital and technological endowments. However, given the presence of localized externalities in the knowledge...

The enlargment of European Union raised the excpectations of becoming the most competitive economy in the world. Living in the era based on the information and knowledge as prime determinants of efficiancy and competitivness we have to be able to answer the key questions: what is the share of...