Page 305 - Proceeding 2015

BADEA Carmen Georgiana and ANGHELU?Ă Petrică Sorin FAMP
ACTIVATION OF THE HUMAN POTENTIAL THROUGH EDUCATION AND TRAINING CCASP

In the Human Development Reports 2014, Romania ranks the 54 (value of 0.785) (UNDP, 2014).

The first 49 countries fall into the category of very high human development. From position 50 to position
102 are countries high human development category. Medium human development category is
PROCEEDINGS OF THE 11 TH ADMINISTRATION AND PUBLIC MANAGEMENT INTERNATIONAL CONFERENCE
represented by countries from the positions 103-144 and 145-187 heading is the low human development
category of countries. Table 2 presents the values for the top 15 countries.

TABLE 2 - TOP 15 COUNTRIES, 2013 HDI RANK
HDI rank Country Value
1 Norway 0,944
2 Australia 0,933
3 Switzerland 0,917
4 Netherlands 0,915
5 United States 0,914
6 Germany 0,911
7 New Zealand 0,910
8 Canada 0,902
9 Singapore 0,901
10
0,900
30 th – 31 st October 2015 ”Strategic Management for Local Communities” Bucharest Source: conducted by the authors based on existing information on the website of the United Nations
Denmark
0,899
Ireland
11
12
Sweden
0,898
0,895
13
Iceland
0,892
14
United Kingdom
Hong Kong, China (SAR)
15
0,891
0,891
Korea (Republic of)
15
Development Programme
General government expenditure on education (current, capital, and transfers) Expressed as a
percentage is of GDP (WBG, 2015). From this point of view, Figure 2 shows the situation of education
expenditure (% of GDP) for the period 1996-2012 in Romania.

FIGURE 2 - EDUCATION EXPENDITURE (% OF GDP) FOR THE PERIOD 1996-2012 IN ROMANIA
Source: conducted by the authors based on existing information on the website of the World Bank Group

Thus, it is observed that general government expenditure on education varies from year to year. For

example, in 2012, they reached the value of 2.99% of GDP.

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