Welfare-state European model has been profoundly affected by the economic crisis. In this context, most of the EU member states decided to respond by undertaking short run policy measures. Government spending has been extended in order to create new jobs and to stimulate economic recovery. The...

The actual economic crisis reveals the problems within the public educational system. The malfunctions of this sector are augmented by the special significance of education for society and economic system. The modern theories of human capital emphasize the state’s important role in financing...