THE QUALITY OF LIFE IMPROVEMENT THROUGH INVESTMENTS IN EDUCATION

Abstract

The purpose of the present article is to identify the role of the investment in higher education as a way of quality of life improvement. In regard to this matter, the international practice uses some representative indexes which reflect the quality of life and/or education levels. Out of the multitude of these indexes, it was chosen the ones which involve the Republic of Moldova in their classifications. The Republic of Moldova is a low income country, where the human capital is the main resource which offers a competitive advantage. Also, it was analysed the public expenditures for the education. The amount and the efficiency of these investments influence the multiplication grade, and the impact on the education in the way that it ensures the quality of life improvement.

Keywords

• investment in higher education
• expenditures for education
• quality of life
• the indexes which reflect the quality of life and/or education levels