THE FINANCING OF THE PRIMARY AND GENERAL SECONDARY EDUCATION INSTITUTIONS IN THE REPUBLIC OF MOLDOVA
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February 7, 2022THE FINANCING OF THE PRIMARY AND GENERAL SECONDARY EDUCATION INSTITUTIONS IN THE REPUBLIC OF MOLDOVA
Abstract: Formerly, in the Republic of Moldova financing for pre-university education, is based on standard cost per student. A standard cost system is valuable for the education institutions management and for the planning and decision-making purposes in the context of efficiency and funding. Negative demographic trends create problems of over-dimensioning of the network of educational institutions, in particular, in general education, leading to inefficient use of resources and do not allow investing in upgrading of schools and coverage of their needs. The objectives of this paper were to provide a greater understanding of the standard cost mechanism of financing of pre-university education.
Indexterms: education, standard cost, institution, finance, funds, public administration unit, formula, district component. Jel Classification: I22