ECONOMIC CONSEQUENCES OF THE SHORTAGE OF QUALIFIED PERSONNEL IN EDUCATION

The shortage of qualified personnel in the education sector poses long-term threats to sustainable economic development and the reproduction of human capital. Insufficient staffing of schools, colleges, and universities with competent educators leads to a decline in education quality, weakened cohort training, and increased social inequality. This article examines the macroeconomic and institutional consequences of the personnel deficit, including reduced labor productivity, potential GDP losses, increased retraining costs, and slowed innovation activity. The need for systemic investment in the teaching profession is substantiated, aimed at enhancing its prestige, retaining specialists, and restoring education’s strategic role as a cornerstone of the knowledge economy.

Authors

Publication Details

Journal
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Published
2025-01-01
DOI
https://doi.org/10.36871/ek.up.p.r.2025.05.06.007
Primary Topic
Higher Education Learning Practices
Type
article
Field-Weighted Citation Impact
0.00
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article

ECONOMIC CONSEQUENCES OF THE SHORTAGE OF QUALIFIED PERSONNEL IN EDUCATION

Vladimir S. Tormozov, Anna A. Terehova
EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
Higher Education Learning Practices
article

ECONOMIC CONSEQUENCES OF THE SHORTAGE OF QUALIFIED PERSONNEL IN EDUCATION

Vladimir S. Tormozov, Anna A. Terehova
article en

Abstract

The shortage of qualified personnel in the education sector poses long-term threats to sustainable economic development and the reproduction of human capital. Insufficient staffing of schools, colleges, and universities with competent educators leads to a decline in education quality, weakened cohort training, and increased social inequality. This article examines the macroeconomic and institutional consequences of the personnel deficit, including reduced labor productivity, potential GDP losses, increased retraining costs, and slowed innovation activity. The need for systemic investment in the teaching profession is substantiated, aimed at enhancing its prestige, retaining specialists, and restoring education’s strategic role as a cornerstone of the knowledge economy.

EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYAVol. 5/6(158)
Openalex Percentile: Top 87%
Higher Education Learning Practices
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