Abstract
The article offers an overview of the global trends in education that have emerged during the 2020 economic recession; provides a retrospective analysis of the change in economic formations during the 1990s, which still influences the business environment and national education systems in post-socialist countries; analyses the structure of tourism flows in Bulgaria and Ukraine in the recent pre-crisis period; distinguishes the changes between local tourism markets in both countries and consequent demands to HEIs, training the workforce for domestic and international companies; outlines the IT services market in Bulgaria and Ukraine from the side of employment generating; points out the discrepancy between the requests to developers of IT solutions at the local level and the orders of transboundary corporations, which are the largest employers today for the economies in transition; presents the grouping of national economies by innovation performance according to the Global Innovation Index report; classifies non-material industries on the basis of potential for increasing added value and duplicating the product; indicates the restrictions of recreational capacity for the tourism infrastructure; highlights the disparity in clustering the world countries by absolute and relative Travel & Tourism impact to GDP; substantiates the need for interdisciplinary approach in composing the curricula for specialities of the related industries; emphasises the existence of thresholds in the process of increasing the professional competence level. The relevance is grounded by the ultimate changes within the current structure of the global economy, as the sphere of higher education is quite significant in the international trade in services; the general paradigm of the theory of international economic relations is being modified now towards the refusal from the resources’ inexhaustibility postulate; thus the research novelty consists in the implementation of supporting programmes and strategies in the field of higher education under the consideration of these trends.
Highlights
National education systems continue to play a significant role in the stability of socio-demographic processes and the creation of products that are competitive in the global market, and, ensure the country’s GDP
The opposite trend is being observed, provoked by innovators – an interdisciplinary approach in solving practical problems and lightning-fast adaptation to the latest information technologies, which has become acutely relevant during the economic recession of 2020
During periods of economic recession, each state faces the problem of redistributing budget funding in favour of the most profitable industries in the short run, to generate the required amount of foreign exchange earnings to avoid default
Summary
National education systems continue to play a significant role in the stability of socio-demographic processes and the creation of products that are competitive in the global market, and, ensure the country’s GDP. Certain negative experience has been shown in this field. The state concept of national education in Bulgaria and Ukraine has evolved towards a narrowly focused specialisation, as the labour market felt the need for niche-specialised professionals. The opposite trend is being observed, provoked by innovators – an interdisciplinary approach in solving practical problems and lightning-fast adaptation to the latest information technologies, which has become acutely relevant during the economic recession of 2020
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.