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The role of education in economic development: a theoretical perspective

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Author Info
Ozturk, Ilhan

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Abstract

Education 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.

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File URL: http://mpra.ub.uni-muenchen.de/9023/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9023.

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Date of creation: 2001
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Publication status: Published in Journal of Rural Development and Administration 1, Winter.XXXIII(2001): pp. 39-47
Handle: RePEc:pra:mprapa:9023

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Related research
Keywords: Human Development; Economic Growth; Poverty; Labour Productivity; Education; Technology; Trade; Health;

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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

References listed on IDEAS
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.:

  1. Bourguignon, F., 1996. "Equity and economic growth: permanent questions and changing answers?," DELTA Working Papers 96-15, DELTA (Ecole normale supérieure).
  2. Birdsall, Nancy, 1993. "Social development is economic development," Policy Research Working Paper Series 1123, The World Bank. [Downloadable!]
  3. Ben-David, Dan & Loewy, Michael B, 1995. "Free Trade and Long-Run Growth," CEPR Discussion Papers 1183, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  4. Gene M. Grossman & Elhanan Helpman, 1989. "Growth and Welfare in A Small Open Economy," NBER Working Papers 2970, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  5. 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. [Downloadable!] (restricted)
  6. Psacharopoulos, George, 1993. "Returns to investment in education : a global update," Policy Research Working Paper Series 1067, The World Bank. [Downloadable!]
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  7. Bourguignon, F. & Morrisson, C., 1989. "Income Distribution, Development and Foreign Trade: A Cross-Sectional Analysis," DELTA Working Papers 89-05, DELTA (Ecole normale supérieure).
    Other versions:
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Cited by:
(explanations, 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.)

  1. Ozturk, Ilhan, 2002. "Economic and social issues of east and southeast turkey: policy implications," MPRA Paper 1582, University Library of Munich, Germany. [Downloadable!]
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