Publication

This paper examines the European Commission’s 2020 strategy focusing primarily on the dimension of education. It will first set out the European Commission’s educational targets for 2020 and comment on these targets and evaluate how realistically they can be met. Second, it will put forward an updated indicator for the innovational potential of the EU27 and OECD countries. Third, the paper will elaborate on the wider non-cognitive skills that might be crucial for education. Fourth, it will briefly highlight the role of education in scientific R&D and overall investment in intangible capital. Fifth, the EU’s quantitative and qualitative educational performance is compared with that of the three major emerging countries – China, India and Brazil.