The Post-2010 Lisbon Process: The Key Role of Education in Employment and Competitiveness
CEPS Working Documents No. 308
15 Pages Posted: 1 Feb 2009
Date Written: December 18, 2008
This paper points out that education should be the central objective of the post-2010 Lisbon Process. Compared to other OECD countries, the member states of the European Union perform poorly when it comes to key indicators of innovative potential, such as the percentage of students enrolled in tertiary education and the educational quality of Europe's students. Education makes a three-fold contribution to a country's economic health. First it is beneficial for employment rates, second it is a key driver for long-term economic growth and third it appears to be beneficial for social cohesion. It will be crucial for European countries to attain higher levels of tertiary education and increase the quality of their education.
Keywords: Economic Policy, Macroeconomic Policy
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