Economics and Rural Development, Volume 3, Number 2

DEVELOPMENT OF HUMAN AND FINANCIAL RESOURCES IN REGIONAL HEIS OF LATVIA

Dace Vīksne, Gunita Mazūre
Latvia University of Agriculture

Abstract

The contribution of HEI to regional development is a theme that has attracted growing attention, as these institutions are increasingly
expected not only to conduct education and research, but also to play an active role in the economic, social and cultural development
of their regions. Regional HEIs are higher education institutions of an especial mission with the basic objective to implement
scientific and research programmes necessary for regional development. The research aims at the study of regularities existing between
the qualities of human resources and financial resources allocated for the development of HE system in Latvia. The research
implies the use of following methods: monographic descriptive, analysis and synthesis, logical and constructive. Presently the science
is not capable to ensure training of highly skilled specialists for the needs of society, as the age structure and number of academic
staff continue to deteriorate. Within the recent five years education in Latvia has been one of the state determined priorities, as the
total amount of higher education funding increases annually. The comparison of the share of financing for education of GDP with the
respective average indicator in the EU shows that generally in Latvia this indicator complies with the EU average figure.

Keyword(s): higher education, resources, staff, funding, expenditure


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Economics and Rural Development ISSN 1822-3346 / eISSN 2345-0347

This journal is published under the terms of the Creative Commons Attribution-Noncommercial 3.0 Unported License. Responsible editors: Prof. Dr Vilija Alekneviciene, Dr Gunita Mazure.