Some issues of efficient management of the higher education system in small economies
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Date
2020-04
Authors
Mikiashvili, N. G.
Journal Title
Journal ISSN
Volume Title
Publisher
ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана»
Abstract
The efficient management of the higher education system is the precondition for the economic development of a country. The new prospects and challenges of the country must be matched with the present financial opportunities. The distribution of state incomes across the education system is done following the economic policy of the country, while the returns on the borne expenses is though distributed in time, but yields a significant effect. The efficient management of the higher education system by the state stimulates the total output, competitiveness of the country and improvement of standard of life. Sharing the European and world experience, engagement in the international field of education and greater number of joint educational programs will expand the scales of training of the qualified staff in the country. The access to digital technologies and development of the skills to use them will improve the quality of and expand the scales of delivery of the higher education. The investments in education and professional growth and job search expenses both, within and beyond the country impact the economic development of the country what is evidenced by the correlation analysis. As per the consolidated budget of Georgia, the higher education costs, higher education and training assessed by the global competitiveness index and net migration balance are considered as independent variables, while the GDP per capita is considered as a dependant variable. A close relationship was identified between the dependant and independent variables. However, the independent variables do not show multicollinearity between one another. It should be noted that the outcomes of the country are often expressed by different international indices, such as global competitiveness and/or human development index, which are calculated by considering the access to and quality of education and professional growth.
Description
Keywords
Higher Education, Management, Efficient, Labor Force
Citation
Mikiashvili N. G. Some issues of efficient management of the higher education system in small economies [Електронний ресурс] / Mikiashvili N. G. // Стратегічні імперативи сучасного менеджменту : зб. матеріалів V Міжнар. наук.-практ. конф. (23–24 квіт. 2020 р.) / М-во освіти і науки України, ДВНЗ «Київ. нац. екон. ун-т ім. Вадима Гетьмана» ; [редкол.: М. П. Сагайдак (відп. за вип.) та ін.]. – Електрон. текст. дані. – Київ : КНЕУ, 2020. – С. 258–261. – Назва з титул. екрану.