EUROPEAN COMMISSION “ECONOMICS OF EDUCATION”

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STUDY ON THE “RETURNS TO VARIOUS TYPES OF INVESTMENT IN EDUCATION AND TRAINING” The importance of education and training in a lifelong learning perspective for the knowledge based society and the achievement of the Lisbon goals increases the overall need for investment in human capital. Investing in human resources is indeed essential to increase employability, economic prosperity and social welfare. The Lisbon Council1 in March 2000

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