The role of education in economic development: a theoretical perspective
AbstractEducation in every sense is one of the fundamental factors of development. No country can achieve sustainable economic development without substantial investment in human capital. Education enriches people’s understanding of themselves and world. It improves the quality of their lives and leads to broad social benefits to individuals and society. Education raises people’s productivity and creativity and promotes entrepreneurship and technological advances. In addition it plays a very crucial role in securing economic and social progress and improving income distribution.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 9023.
Date of creation: 2001
Date of revision:
Publication status: Published in Journal of Rural Development and Administration 1, Winter.XXXIII(2001): pp. 39-47
Human Development; Economic Growth; Poverty; Labour Productivity; Education; Technology; Trade; Health;
Find related papers by JEL classification:
- O1 - Economic Development, Technological Change, and Growth - - Economic Development
- I2 - Health, Education, and Welfare - - Education
- A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Behrman, Jere R. & Wolfe, Barbara L., 1987. "How does mother's schooling affect family health, nutrition, medical care usage, and household sanitation?," Journal of Econometrics, Elsevier, vol. 36(1-2), pages 185-204.
- Ben-David, D. & Loewy, M.B., 1996.
"Free Trade and Long-Run Growth,"
32-96, Tel Aviv.
- Gene M. Grossman & Elhanan Helpman, 1989.
"Growth and Welfare in A Small Open Economy,"
NBER Working Papers
2970, National Bureau of Economic Research, Inc.
- Wood, Adrian, 1995. "North-South Trade, Employment and Inequality: Changing Fortunes in a Skill-Driven World," OUP Catalogue, Oxford University Press, number 9780198290155.
- Psacharopoulos, George, 1993.
"Returns to investment in education : a global update,"
Policy Research Working Paper Series
1067, The World Bank.
- Psacharopoulos, George, 1994. "Returns to investment in education: A global update," World Development, Elsevier, vol. 22(9), pages 1325-1343, September.
- Birdsall, Nancy, 1993. "Social development is economic development," Policy Research Working Paper Series 1123, The World Bank.
- Ozturk, Ilhan, 2002. "Economic and social issues of east and southeast turkey: policy implications," MPRA Paper 1582, University Library of Munich, Germany.
- Tudose Mihaela Brindusa & Cadiş Mihaela Narciza, 2013. "The Role Of Education In The Economic Development," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 85-92, August.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).
If references are entirely missing, you can add them using this form.