Romanian educational system sustainability

Romanian educational system faces structural failures because of increased labour market instability and the proliferation of austere economic policies under the GDP value adjustment. Also open competition in the labour market, both from EU countries and from countries outside the European Union emphasizes the need to adapt the education system to current and future requirements of society through the contribution of research and information technology to the development of eco-knowledge. The educational system in Romania will have to take into account the need of giving to the individuals the skills and abilities necessary to adapt rapidly to the changing labour market. In these circumstances, the educational system require extensive structural changes aimed at identifying the mechanisms by which the system product, education, can lead to increased employment, on the one hand, and increased labour productivity, on the other hand. (c) 2011 Published by Elsevier Ltd. Open access under CC BY-NC-ND license.