Research of the correlation between education and economic growth (the case of Israel & Moldova)

The education and training of the labor force in the country are the most important and significant factors in developing the economic future of any country. This article will try to describe the connection between these two terms, which are interesting to many governments in developed and developing countries. Is presented the analysis of economic data in connection to the educational field in both Israel and Moldova. Are presented conclusions and recommendations on the problem.

Download Full-text

Education and Economic Growth There is Little Evidence to Link Education and Training with Growth

New Economy ◽

10.1111/1468-0041.00061 ◽

1999 ◽

Vol 6 (1) ◽

pp. 33-37

Author(s):

Alison Wolf

Keyword(s):

Economic Growth ◽

Education And Training ◽

And Training ◽

Education And Economic Growth

Download Full-text

Social-economic contribution of vocational education and training: an evidence from OECD countries

Industrial and Commercial Training ◽

10.1108/ict-12-2017-0100 ◽

2018 ◽

Vol 50 (4) ◽

pp. 172-184 ◽

Cited By ~ 1

Author(s):

Muhammad Ali Asadullah ◽

Aamir Zafar Ullah

Keyword(s):

Economic Growth ◽

Developing Countries ◽

Vocational Education ◽

Social Inclusion ◽

Education And Training ◽

Vocational Education And Training ◽

Policy Makers ◽

Content Type ◽

National Investment ◽

And Training

Purpose The purpose of this paper is to examine the impact of national investment in vocational education and training (VET) on the economic growth through the mediating role of social inclusion. Design/methodology/approach This study is based on a panel data of 31 Organisation for Economic Co-operation and Development countries for 15 years collected through secondary sources. Findings The statistical results of the study have supported the entire hypotheses. Particularly, the results demonstrate that the social inclusion strengthens the contribution of VET in the economic growth. Practical implications This study offers various policy implications for the policy makers of developing countries. Particularly, the policy makers of developing countries need to emphasize on social inclusion to enhance the contribution of national investment in VET while following the vocational education models of developed nations. Originality/value This study offers its theoretical contribution in the literature of VET by highlighting a mediating mechanism to explain how national investment in VET can contribute in economic growth through social inclusion.

Download Full-text

Public Investment in Education and Training in Vietnam

International Education Studies ◽

10.5539/ies.v11n7p106 ◽

2018 ◽

Vol 11 (7) ◽

pp. 106

Author(s):

Phung Van Hien

Keyword(s):

Economic Growth ◽

Empirical Analysis ◽

Public Investment ◽

Education And Training ◽

Public Budget ◽

Investment Structure ◽

National Productivity ◽

Intellectual Level ◽

And Training

Public investment in education and training occupies an important proportion in Vietnam public budget, approximately 20%, equivalent to 5% GDP. Public investment in education and training has many positive benefits and impact on the economy and society by contributing to economic growth, by improving the national productivity, people’s qualification and intellectual level well as reducing unemployment, poverty in a country. On the basis of an empirical analysis in Vietnam, this paper propose several relevant recommendation for Vietnam government to improve the performance of public investment in education and training by making contribution to ensure suitable investment structure as well as uphold important role of education and training to the development of the economy and society.

Download Full-text