ROLE OF EDUCATION ON ECONOMIC DEVELOPMENT: THE CASE OF CIS COUNTRIES
Keywords:
education, human capital, enrollment, economic growth, CIS countriesAbstract
Getting fresh knowledge and increasing human capital are key to economic growth. This article examines economic development and education in CIS nations. Several scientific research suggests a positive relationship between education and GDP. Human development and economic progress are related. Going to education, particularly at higher levels, boosts the economy, say researchers. Research shows that investing in education boosts the economy. The correlation between human capital and economic development remains a subject of debate since several research proposes a negative or inconsequential connection. Education has a pivotal role in fostering economic and social advancement, yet more investigation is necessary to comprehend its effects fully.
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