The Problem with Bulgaria’s Lack of Funding Directed to the Education Sector

cris.sourceIdoai:journals.unwe.bg:article/132
dc.creatorMiloshev, Borisen
dc.date2024-10-17
dc.date.accessioned2026-09-24T23:09:27Z
dc.date.available2026-09-24T23:09:27Z
dc.descriptionHuman capital is one of the driving factors for an economy and has a direct effect on production. One of the best ways to boost a country’s GDP is to increase labor productivity, which is directly linked with long-term economic growth. With Bulgaria having one of the lowest general government expenditures to GDP ratio in Europe and low teachers’ salary rates compared to other countries, it’s important to determine how this may be affecting the country and its economic growth as a whole. The aim of this paper is to analyze the lack of funding in the educational sector based on the human capital theory and the Augmented Solow growth model, as well as to provide some suggestions on possible improvement strategies.en
dc.formatapplication/pdf
dc.identifierhttps://rp.unwe.bg/index.php/rp/article/view/132
dc.identifier10.37075/RP.2024.4.04
dc.identifier.urihttps://ds.e-dnrs.org/handle/123456789/827
dc.languageen
dc.publisherAcademic Publishing UNWE (AP-UNWE)en
dc.relationhttps://rp.unwe.bg/index.php/rp/article/view/132/124
dc.rightsCopyright (c) 2024 Boris Miloshev (Author)en
dc.rightshttps://creativecommons.org/licenses/by/4.0en
dc.sourceResearch Papers of UNWE; No. 4 (2024); 69-78en
dc.subjectEuropean unionen
dc.subjectGross domestic producten
dc.subjectFOR EDITING (Sustainable development goal (sdg))en
dc.subjectFOR EDITING (International standard classification of education (isced))en
dc.subjectI22 - Educational Finance • Financial Aiden
dc.subjectI25 - Education and Economic Developmenten
dc.titleThe Problem with Bulgaria’s Lack of Funding Directed to the Education Sectoren
dc.typePeer-reviewed Articleen

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