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The Impact Of Expanding The Non-Formal Education Sector On The Socio-Economic Development Of The National Economy

Journal: Innovative Economics and Management (Vol.IV, No. 2)

Publication Date:

Authors : ;

Page : 217-224

Keywords : non-formal education; formal education; employment; innovative development; economic development;

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Abstract

The article explores the impact of expanding the non-formal education sector on the socio-economic development of the national economy. Data are given, which indicate that on average the unemployment rate among persons without higher education is 12.4%, while for specialists with higher education it is 4.9%, i.е. in 2,5 times low. In Ukraine, there are similar trends: the employment rate in Ukraine among people with higher education is quite high (71.9%), and the unemployment rate is the lowest (7.8%). It can be traced in analyzing the influence of the percentage of employees with higher education among employees in the national economy on macroeconomic indicators, in particular GDP and GDP per capita. It was noted that the countries with the highest level of activity in adult education were also the most innovative. That is, the education of adults, especially the informal, turned out to be more closely related to innovation, then the higher education. This suggests that higher formal education should interact with informal forms of education, for example, such as on-the-job training, in order to positively influence the socio-economic development of the national economy.

Last modified: 2018-05-21 16:35:18