FINANCIAL EDUCATION - A CHALLENGE TO THE ROMANIAN EDUCATIONAL SYSTEM
Autor (i): Laura Panoiu, Alina Voiculeţ
JEL: A22, D83
Cuvinte cheie: financial education, financial literacy, economy, school population, occupational skills
Abstract:
Society’s development by increasing the possibility for young people to successfully cope with extremely diverse circumstances imposed by modern economy makes it necessary to have certain skills that can only be acquired through an adequate education system. Ensuring good quality education, a decisive element in raising young people’s chances of succeeding in life, is a national and European priority, as in a dynamic and interdependent world where free movement is no longer just a challenge, people with different education levels are forced to make the most diverse decisions, many of which have pecuniary implications. This paper aims at analyzing the need for a high level of financial knowledge, and also the role that Romania plays globally in terms of financial education. Achieving the paper is based on the quantitative research of specialized literature, of the studies and reports of specialized organizations.
Society’s development by increasing the possibility for young people to successfully cope with extremely diverse circumstances imposed by modern economy makes it necessary to have certain skills that can only be acquired through an adequate education system. Ensuring good quality education, a decisive element in raising young people’s chances of succeeding in life, is a national and European priority, as in a dynamic and interdependent world where free movement is no longer just a challenge, people with different education levels are forced to make the most diverse decisions, many of which have pecuniary implications. This paper aims at analyzing the need for a high level of financial knowledge, and also the role that Romania plays globally in terms of financial education. Achieving the paper is based on the quantitative research of specialized literature, of the studies and reports of specialized organizations.
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