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The Contribution of Education to Economic Development

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  • Alali, Walid Y.

Abstract

Education is a comprehensive term for academic studies and developing talents and skills. It's an essential factor in Human capital development. Human capital investment is a fundamental issue for countries to sustainable economic development achievement; furthermore, it sang the community members to grasp themselves and the surrounding circumstances and the impact of the global variants. Education improves the quality of living, benefits society; productivity and innovation; subsequently promotes entrepreneurship. Education helps the poor and improves their food intake by increasing families' incomes and spending on health and food, to raise their standard of living and make them better healthier choices.

Suggested Citation

  • Alali, Walid Y., 2011. "The Contribution of Education to Economic Development," MPRA Paper 115614, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:115614
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    File URL: https://mpra.ub.uni-muenchen.de/115614/1/MPRA_paper_115614.pdf
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    References listed on IDEAS

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    Cited by:

    1. Siti Amalia & Agus Iwan Kesuma & Diana Lestari, 2023. "Identification of Economic Potential in Berau Regency, East Kalimantan-Indonesia," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 7(12), pages 1240-1252, December.

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    More about this item

    Keywords

    Economic Development; Growth; Human Capital; Labour Productivity; Poverty; Health; Human Development;
    All these keywords.

    JEL classification:

    • A2 - General Economics and Teaching - - Economic Education and Teaching of Economics
    • I2 - Health, Education, and Welfare - - Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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