The Interplay of Education and Economic Development: A Comparative Analysis of Global Evidence
Abstract
The main goal of the work is to determine the link between economic growth and education. The study provides an extensive examination of the connection between education and economic advancement supported by data obtained from numerous studies. No country can achieve long-term economic growth without significant investments in human resources. Education can be seen as both an essential component of development and a precondition for the more general idea of expanded human capabilities, which is at the centre of the importance of development. It helps people understand who they are and the world around them. It raises their standard of living and provides several societal benefits to both people and the neighborhood. It is essential for raising people's productivity and innovation levels as well as encouraging entrepreneurship.
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