Role of Government Expenditure on Education in Reducing Unemployment and Improving GDP Growth

This research study aims to investigate the role of government expenditure on education in reducing the unemployment rate and improving GDP growth in the Netherlands. It explores the impact of government spending on education in creating job opportunities and meeting the requirements of skilled workers. The study analyzes statistical data on government expenditure on education and its share of GDP in the Netherlands.

Research Methods

Title: To investigate the role of government expenditure on education in reducing
unemployment rate and improving GDP growth.
CHAPTER 1: INTRODUCTION
Education is widely accepted that it contributes in improving living standard of people and
also make them able to get career opportunities for attaining success. In context to this,
government of nation also spending on education system in order to increase the number of
skilled workers in an economic sector of Netherlands. This kind of investment may assist in
increasing the wealth of society by the increasing number of people who has higher income
level. By this, people not only enjoy with higher salary but also includes higher productivity of
labour. In addition to this, government spending in education also a refers to the way out to solve
the economic issues including unemployment, poverty, economic recession and many more. This
is the reason that government spending on educational activities that could increase the number
of skilled workers. One of the main benefit of this spending is that it is capable to develop or
create job opportunities and at the same time also meet all the requirements of skilled and semi-
skilled employees in the economic sector with the aim of improving the overall growth of the
nation. Current investigation is based on the role of government expenditure on education in
context to reducing unemployment rate and also improving GDP growth of Netherlands.
1.1 Problem description
As per current scenario, education is one of the major aspect that contributes a lot in people
life because it may assist in improving their living standard and at the same time also reducing
unemployment rate of specific country. In context of this, education system of Netherlands is
also appropriate as government is also spending on the same with the aim of improving
employment rate by creating job and employment to its local people. As the share of government
expenditure also devoted to education as it allows as effective assessment of the priority a
government allocate and expend to education relative to other public investment. In this regards
there are some statistical figure that shows the government expenditure on education in the
Netherlands by level of education.
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Figure 1: Government expenditure on education in the Netherlands in 2018, by level of
education (in million euros)*
As per above mentioned statistical graph, the government of Netherlands expenditure on
education in 2018 by level of education, it shows that the government spend approx. 14.8 billion
euros on secondary education in 2018.
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Figure 2: Government expenditure on education as share of GDP in the Netherlands from 2008
to 2018.
As per preceding statistical graph in 2018, around 5% of Dutch GDP was spent on the education
system and student’s loans. In this context, it is analysed that GDP rate of the Netherlands
amounted to roughly 737 billion euros in 2017. As expenditure on educational system consider
as a part of GDP peaked in 2010, at approx. 6%.
1.2 Research questions
What is the role of government expenditure on education in reducing unemployment rate
and improving GDP growth?
Sub questions:
 What is the role of government expenditure on education?
 What is importance of government expenditure of unemployment rate of Netherlands?
 How government expenditure helps in improving GRP rate of Netherlands?
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CHAPTER 2: DATA ANALYSIS PLAN
2.1 Data analysis plan
2.2 Data presentation
CHAPTER 3: FINDINGS
CHAPTER 4: CONCLUSION
CHAPTERR 5: DISCUSSION
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REFERENCES
Books and journals
Online
Government expenditure on education in the Netherlands in 2018, by level of education (in
million euros)*. 2020. [Online]. Available through:<
https://www.statista.com/statistics/543046/government-expenditure-on-education-in-the-
netherlands-by-level-of-education/ >.
Government expenditure on education as share of GDP in the Netherlands from 2008 to 2018.
2020. [Online]. Available through:< https://www.statista.com/statistics/543098/government-
expenditure-on-education-as-share-of-gdp-in-the-netherlands/ >.
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